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Investment supplement: no more safe havens

"Safe" investments have vanished

By Nick Carn   March 2015

"Renegotiation, renegotiation, renegotiation." © Panagakis George/ABACA/Press Association Images

Each year since the financial crisis, most forecasters have overestimated both economic growth and inflation and 2015 began with what is rapidly becoming a tradition as the International Monetary Fund once again cut its forecast for the world economy. Government budgets are constrained by the consequences of years of subpar growth and interest rates are already at rock bottom levels.…

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