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Investment special: A great American revival

The US is entering an exciting new phase, with its stock market set to rise 20 percent

By Jim O Neill   February 2011

Trading at the Tehran stock exchange: Iran’s economy could take off in the near future

Before looking into the crystal ball for 2011, it is useful to reflect for a moment on 2010.

A year ago, it seemed quite likely that world economic growth would surprise onlookers by being better than anticipated. The economies of the so-called Bric countries (Brazil, Russia, India, China) would be the mainstay of the world recovery. As we look back, this has been the case. I expected that monetary policy would remain very accommodating and that interest rates would be kept low, due to the low…

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