History never quite repeats itself but it often rhymes, so it is probably best to ignore the backwar...
History never quite repeats itself but it often rhymes, so it is probably best to ignore the backward-looking pundits ' the bulls who say we won't have a fourth successive down year in equities because it has little historical precedent and the bears who argue we will because we are following the patterns of Japan in 1990 and the US in 1929. It is more enlightening to look at the fundamentals, which indicate basing investment strategy on market direction is unlikely to be as rewarding as doing the hard slog of stock selection. Despite the general sluggishness, the eurozone will still h...
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