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We’re still in the middle of the global business cycle: UBS’s Hu

UBS Wealth Management is urging investors not to exit from the equity market “too soon” on the grounds that we are still in the middle of the global business cycle. 2017 was very much an equity year, with the MSCI World index recording a 22.4% return. Due to significant equity price gains, markets have become increasingly concerned about valuations. “Although…

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