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Turbulence was rife during the past week as more data pointed to the world economy facing a longer and more intense downturn than feared. Global stock markets were beset by angst and plunged by more than 6% over the week in the case of the MSCI Word and Emerging Markets indices, with the only safe havens being the US dollar, developed-market government bonds and gold bullion. Read all about this in my weekly review, highlighting some thought-provoking news items and quotes from market commentators during the past week. [...] | |||||||||||
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