Where will the value come in 2010?

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SLI head of global strategy Andrew Milligan delves into the 2010 maze of inflation, interest rates and political influences.

At the start of 2010, many investors will look back on the previous year with a sigh of relief. Financial markets have recovered remarkably well from the strains and stresses of the banking crisis and the deep recession. Where next? January has been volatile so is this a time to take profits, or to put more money on the table as the bull market gathers pace? To answer such questions we must consider not only normal questions about profits, inflation and interest rates but recognise politics will play a much more important role than usual in the coming year. The good news is the glo...

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