Key Calls (Friday): “Inevitable Selloff” Edition

Key Calls (Friday): “Inevitable Selloff” Edition

Let me flag some amusing commentary from Ned Davis at the outset on this one and then the usual list will follow. Via Bloomberg: Investors should cut equity holdings and favor stocks in Asia as policy uncertainty and higher valuations make U.S. shares vulnerable to selloffs, Ned Davis chief global investment strategist Tim Hayes wrote in note. Cut equity allocation 5% for balanced account, shifting money to bonds Recommended allocation: 65% stocks (10% overweight), 25% bonds (10% underweigh
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