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UBS once again recommends “a full strategic allocation” to US equities | Forexlive
UBS is advising investors to maintain a full strategic allocation to U.S. equities, even after the recent market rally and Friday’s U.S. credit rating downgrade by Moody’s to Aa1. In a note published Monday, the bank clarified that its recent downgrade of U.S. equities from “Attractive” to “Neutral” reflects short-term valuation concerns, not a bearish…
Softer Dollar Again – Currency Thoughts
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