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No bear market yet, but expect volatility to persist: DBS

Bank is not taking a bullish stance either, as there are several black swans that pose significant risk

Published Fri, Jan 4, 2019 · 09:50 PM

Singapore

INVESTORS spooked by the recent equity market bloodshed, take heart - compared to conditions in the three recessions in the last 30 years, we are nowhere near sell-off levels that would herald the start of another prolonged bear market, according to DBS Bank's Chief Investment Office (CIO).

At a media roundtable for the bank's CIO Insights for Q1 2019, DBS chief investment officer Hou Wey Fook cited several reasons for the sanguine view. Fo…

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