Credit Suisse turns slightly bullish on stocks, wants to be early mover
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LONDON (Reuters) - Credit Suisse on Thursday moved to a "small overweight" on global equities, especially developed markets, saying the risk of a "very bad" economic outcome had come down significantly after the massive $2 trillion (1.7 trillion pounds) U.S. stimulus package."As investors will rarely buy the bottom in volatile markets such as these, the Investment Committee feels that there is merit in being an early mover rather than wait until a market bottom has become apparent for all," said..