Credit Suisse: "Buy stocks!"

Signs of a market top:"Credit Suisse recommended investors raise their allocation in emerging-market equities to 30 percent overweight, from 15 percent previously. "
http://www.bloomberg.com/apps/news?pid=20601084&sid=a_Ak3.9hBP.w&refer=stocks

 

Interesting call, Credit Suisse is usually right on target, and they better be with PCS contributing heavily to the bottom line.

 

Hmm.. I wonder if they have any emerging markets products to sell me??

 

I would have been impressed if they could have made this call four four weeks ago!