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Investors should head for credit rather than cash: UBS Wealth

UBS-building

The firm suggests buying U.S. and emerging market debt and averaging into select stock sectors

Americans have been piling into cash amid uncertainty around the impact of the coronavirus, according to UBS Global Wealth Management, which says that strategy isn’t the answer.

“Rushing to the exits may feel like a safe choice for those uncomfortable with the rally or unresolved COVID-19 r

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