Investors often live in a state of denial. In the good times, we’ve seen investors reject the notion that the party will ever end. In the bad times, we’ve seen…
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Posted in Global Economy
Tagged debt ceiling, European Central Bank, fiscal cliff, U.S. economy

As we head into 2013, I have a sense of déjà vu. It’s as if we’re back in the late 1970s or early 1980s: Many investors are fearful about the…
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Posted in Investing
Tagged bonds, emerging markets, equities, fiscal cliff, fixed income, investing