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Equities turn unattractive for Credit Suisse; cuts rating to underweight

Markets, Credit Suisse said, had factored in excessive hope and not enough economic realities ahead of the Jackson Hole Symposium

Topics
Credit Suisse | Market Outlook | global stock market

Puneet Wadhwa  |  New Delhi 



Photo: Bloomberg
Photo: Bloomberg

Equities as an asset class have turned unattractive for analysts at from a 3 – 6 month horizon, who have downgraded them to an ‘underweight’ rating. That said, believes investors should not lose faith and would be ill advised to exit completely given high levels of inflation.

ALSO READ: Correction likely after a sharp run; buy on dips: Credit Suisse Wealth Mgmt

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First Published: Thu, September 01 2022. 17:18 IST

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