If we do buy the Japan recovery story, then there is probably more buying to be done and that is still the principal flow that will support the yen.
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What is doing the damage is the fact that the U. K. is pulling in more imports, which shows the continued strength of the economy and the strength of sterling,Adam Cole
It highlights the weakness of Blair's leadership and increases the risk on UK assets but like most political events of the past year, the impact is likely to be short-lived,
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The MA inflows have already been significant and I think there is potential for a lot more to come because the UK equity market is among the largest, relative to GDP, and among the cheapest at the moment.
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It was a challenge just to play college basketball. But it's definitely rewarding now. When it ends like this, it's all worthwhile.
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