Highlights in this November 2010 issue
- Liquidity is the driving force behind the sharp rise in equities in recent weeks and should continue to provide a boost in the coming months.
- While fundamentals remain important, a key characteristic of liquidity rallies is that these can take place even amid the backdrop of weak economic fundamentals.
- At this point, we believe we are just a third into bubble territory for many markets. Nevertheless, as equity markets head higher, we will need to be cautious.
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Subject: FA Investment Outlook - Nov 2010 (Request)
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