Investment Banking's New Frontier

Gold is expensive. So too is palm oil, bond yields nearly nothing, bank deposits are a sure way to lose money. Major stock markets have rebounded and buyers are now bored with BRICS. The shine has even gone off the China market and its currency is going nowhere. Japan's market remains out of favor, not least with the Japanese themselves and in Europe the ragged tails, Ireland and Portugal, are wagging the dog into a Euro tizzy.

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