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“If we think about the fundamentals, global growth is still good, business confidence is generally rising, inflation is close to target in most countries, central bankers are not talking aggressively.”
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“It's at the top end of the recent range.”
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“They are also reasonable value, and earnings momentum is holding up better than expected.”
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“Yields should be heading higher. There are plenty of signs of stronger economic growth globally and Europe is benefiting from that.”
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