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Credit Suisse cuts U.S. stocks to underweight, updates European markets on pandemic response

Traders donning masks on the floor at the New York Inventory Trade.Brendan McDermid | ReutersCredit Suisse international strategists lower their rating on U.S. stocks to a slight underweight and lifted European equities to a little chubby for the reason that Europe appears to be managing the Covid-19 pandemic a lot more successfully than the U.S.”Drastically, a correlation concerning the gap in new every day bacterial infections and the relative efficiency of European equities relative to US equities in USD terms is commencing to arise,” according to Andrew Garthwaite and the other strategists. 

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