Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Credit Suisse Downgrades Retail, As Hedge Funds Prepare To Profit
Hedge Funds

Credit Suisse Downgrades Retail, As Hedge Funds Prepare To Profit

by valuewalk.com posted 1year ago 307 views
<p>Is the Retail Apocalypse upon us? Not just Sears (SHLD) is in trouble some on the sell side and hedge fund community believe.</p> <p>Credit Suisse has downgraded retail (within the consumer discretionary sector), and consumer durables and apparel to market weight, saying several metrics were at their lowest since the 2008&nbsp;<a href="http://www.valuewalk.com/2017/03/high-yield-collapse/">global financial crisis</a>. The sectors had been rated overweight on account of &ldquo;deep valuation&rdquo; appeal.</p>