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THE DOUBLE DIP IS COMING, BUT NOT IN 2010

Good thoughts here by Van Anantha Nageswaran, chief investment officer, Bank Julius Baer. He believes we will avert double dip in 2010, but that the double dip is “very much alive”. He says it won’t materialize until 2011, but that the markets are already beginning to anticipate the high probability of a downturn. Nageswaran recommends selling into he current rally:

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