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Investors worried bonds and equities have become overvalued

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The 48 per cent slump in the oil price is of benefit to the airline, car and packaging industries and is a boost to disposable income of motorists and other consumers.

London

IT's that time of year again when investors, business people and students are overwhelmed with a surfeit of predictions.

The event of New Year, however, is just a ritualistic fun date in the calendar and predictions for the following twelve months have been invariably wrong

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