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DBS WM downgrades equities to neutral from overweight

Amid escalating trade tensions and ongoing geopolitical noise in Europe, particularly in Italy, DBS Wealth Management (DBS WM) has downgraded equities to neutral from overweight. In the bank’s 1Q18 CIO report, entitled “The Bull Ain’t Done”, the bank is optimistic about the bull trend and expects it to continue. As the first half of the year unfolded, this view “was…

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