Photographer: Martin Divisek/Bloomberg

UBS Analyst Who Called Mining Stock Slump Says Rout Not Over

  • David Cassidy tells investors to underweight resources in 2016
  • Favors firms benefitting from weaker Aussie dollar like CSL

David Cassidy, who correctly told investors to shun Australian mining stocks in 2015, says the worst is yet to come for the industry as China’s economy decelerates.

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