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“Goodbye safe havens, hello risky assets” seemed to be the theme during the past week as investors placed their bets on a global economic recovery, propelling stocks and other risky assets higher amid better-than-expected earnings reports. Global stock markets, commodities, oil, precious metals, high-yielding currencies and corporate bonds all put in a stellar performance as a bullish mood prevailed. Read all about this and the implications for financial markets in the weekly “Words from the Wise” review. [...] | |||||||||||
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