A resilient +7% start to the global equities market in 2018, following on from a strong rally last year, has prompted Mark Haefele, global CIO at UBS Wealth Management, to ask if stocks have climbed “too far, too fast”. Equities: “[T]oo far, too fast?” “We don’t expect a significant near-term reversal,” said Haefele, noting that the market response, to date, has…

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