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BNP Paribas Wealth Management Equities Outlook

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September 27: BNP Paribas Wealth Management’s Andrew Freris says the US will continue to have a loose monetary support policy for the next 6 months. “Apart from US stocks, we like Europe, with some recovery seen there, but are neutral on Japan,” he says, adding that in Asia, BNP likes China and is upgrading South Korea and Taiwan. “We are neutral on oil and commodities, but are downscaling gold as it has no upside to growth,” he adds.