Words from the (investment) wise for the week that was (April 27 – May 3, 2009)

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“Goodbye safe havens, hello risky assets.” This was the refrain of investors’ theme song during the past week. Safe-haven assets were out of favor as better-than-feared corporate earnings and signs of a budding economic recovery emboldened investors’ appetite for reflation trades such as equities and commodities. Read all about this and the implications for financial markets in the weekly “Words from the Wise” review. […]

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