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'Outright bullish' stance on allocation supported by global growth for now

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http://www.tradingfloor.com - Saxo Bank's Asset Allocation model has maintained its 'Outright bullish' stance on the basis of a still-growing global economy, but this may soon change according to the bank's Chief Economist David Karsboel. The bank's global business cycle indicator is beginning to decelerate and if this continues then the asset allocation model will likely change its 80% reliance on risky assets in the next two or three months.