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"Asset prices have moved a long way," says the team at Goldman, downgrading global equities from...

"Asset prices have moved a long way," says the team at Goldman, downgrading global equities from Buy to Neutral. Maybe not yet priced in, they say, is the economic drag from government cost-cutting (what cost-cutting?). Get ready to buy the dips though, as any sell-off should be shallow and short.
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