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Equities seen to rally even as interest rates creep up: Phillip
Published Mon, Apr 5, 2021 · 05:50 AM
Singapore
RISING interest rates have unnerved investors and caused periodic sell-offs across markets, but Phillip Securities' head of research Paul Chew is positive that there is still room for equities to rally.
In a webinar addressing clients last Saturday, he pointed out that even as interest rates march higher, they remain ultra-accommodative.
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