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“No sector is entirely safe” in current crisis: Pictet WM’s Gaud

David Gaud, Pictet WM

The global market faces a duality between an unprecedented amount of liquidity injected by central banks and COVID-19’s tremendous impact on the real economy, asserted David Gaud. The Pictet Wealth Management Asia CIO and head of DPM urged investors to be “pragmatic” while staying in the market. At a media conference call on Tuesday, Gaud highlighted that because of the…

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