Monday, March 31, 2008

Financials Rated 'Underweight' at RBC CM

RBC Capital Markets, 31 March 2008Our strategist Myles Zyblock wrote a piece entitled Swimming Upstream in the River of Opinion on March 26. In it Myles argues that investors should start thinking about adding to equity holdings and that economic risk should decline in H2/08.We are still not ready to sound the "all clear" signal on Canadian financials, nor is Myles who carries an Underweight

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