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More worried about stocks than at any time since 2009

BEYOND PREDICTION: An improbable set of insights is needed to assess crude oil, says Mr Birinyi.

New York

THE difficulty of forecasting outcomes in places like China has left Laszlo Birinyi more worried about stocks than he's been since 2009, when their recovery from the financial crisis was just beginning.

The 72-year-old investor says it's easy to see why global equities are...