HSBC Upgrades Emerging Market, Brazilian Stocks to Overweight, Cuts Mainland European Stocks to Underweight
A strategist at London's HSBC made several interesting regionally-based calls this morning: upgraded Emerging Market stocks two notches from Underweight to Overweight downgraded European stocks (excluding the UK) to Underweight upgraded Brazilian stocks from Underweight to OverweightThe strategist called stocks in Brazil, Russia and Korea...
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