This week: BNP Paribas WM prefers cyclicals over growth, expects easing in Beijing’s COVID-19 policy; DBS considers negative rates a tailwind for stocks BNP Paribas WM prefers cyclicals over growth A surge in inflation in the US will likely peak in 1Q22 before subsiding during the rest of the year, according to the Asia CIO of BNP Paribas Wealth Management….
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