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Need to Know: An investing playbook for 2018’s 2nd half — with how U.S. stocks stand apart

The dogged Dow is trying to end its rocky week on an upbeat note, as everyone wonders what’s ahead in this year’s second half.

Maybe we’ll see LeBron become a Laker, England win the World Cup and some fresh market driver displace “trade-war fears.”

For investors, global stocks are now not looking as great as earlier this year, say Schroders strategists for our call of the day.

“We have downgraded equities to neutral, reflecting our more cautious stance,” they write in a note giving their latest take on a range of assets. “Positive earnings revisions have become less widespread recently, and a number of upcoming political events could lead to heightened risk aversion.

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