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“Take profit and recalibrate”: Deutsche Bank WM’s Christian Nolting

Deutsche Bank Wealth Management is recommending investors “take profit and recalibrate portfolios” in anticipation of political risks and decelerating global growth, as most markets have posted double-digit performance year-to-date. Christian Nolting, global CIO and global head wealth discretionary, said at a media briefing in Hong Kong that the German lender expects two rate cuts from the Fed and that the…

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