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J. Safra Sarasin says global growth intact but revises down equity targets

The global growth narrative remains intact, according to J. Safra Sarsin, which has revised its growth and rate hike forecasts upwards but lowered its global equity targets on account of decreasing liquidity conditions and rising risk aversion. Headwinds will make little difference “We remain very optimistic for global growth this year,” Karsten Junius, chief economist at J. Safra Sarasin, said in…

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