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Strategists skip ageing US market but have a yen for Japan's bullish scenario

Sydney

STRATEGISTS are coming around to the idea that Japan is the place to be in 2017, with Morgan Stanley the latest to embrace one of the year's biggest comeback stories at the expense of America's ageing bull market. Morgan Stanley joins Japan's largest brokerage Nomura Holdings Inc in saying that the country's bull run will continue into 2017 and recommends selling US shares to fund the trade. It's a dramatic turnaround after investors fled one of the worst performing markets earlier this year...

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