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Review of the Second Quarter 2010
As the quarter opened, optimism regarding the global economic recovery helped propel equity and commodity markets to pos...
read moreChina Indicates Confidence in Global Growth
On June 19 the Peoples Bank of China announced that it was removing the peg between the yuan (100 yuan = 1 renminbi) and...
read moreSmall Business Confidence Rising; ISI Remains Optimistic
We share the view of most economists that the major deterrent to a strong and sustainable U.S. economic expansion is the...
read moreGlobal Financial Market Turmoil
We are troubled by the recent turbulence in global stock, bond, commodity and currency markets. Especially disturbing is...
read moreFed Watch
In recent Outlooks and blogs, we have emphasized the importance of Federal Reserve policy in influencing the direction o...
read moreInternational Stock Markets: Searching for Goldilocks
Heading into 2010, we shared the view of a majority of international investors that the best performing stock markets th...
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