For those following the global financial markets over the last few weeks the headlines have been almost entirely positive.Nearly everywhere,the bellwether indices of global stock markets such as the Dow Jones,the Nikkei or the Cac40 have almost uniformly been close to their all-time highs (which before excess euphoria for stock investors sets in means simply that,more or less,the stock indices of the western world are back to where they were nearly six years ago,i.e.at the height of the dot.com boom and of course before 9/11).
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