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The beginning of the year heralds the time for predictions. It seems everyone has a view as to the direction of financial markets - equity, debt and FX - and each forecaster can give you a plausible explanation as to why you should believe them. But financial markets predictions have about as much chance of success as a 4 year old playing pin the tail on the donkey: if you get it right, you have been very lucky. Financial markets predictions have about as much chance of success as a 4 year old playing pin the tail on the ...
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