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Challenging conventional wisdom
Published Sun, May 8, 2016 · 09:50 PM
CONVENTIONAL wisdom is that stocks are being battered by growth slowdown concerns, mainly in China, earnings worries, turmoil in the currency market - the yen has somewhat perversely become a safe haven despite Japan operating a negative interest rate regime - and the spectre of higher US interest rates in the weeks ahead.
Yet, conventional wisdom is not always right and there are those in the minority who periodically emerge as…
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