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Beyond a Blog

The Dollar Holds Its Place

The U.S. dollar has begun to recover. But worries that the greenback might be in immediate danger of losing its primacy in the world economy were overblown even before this comeback.
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Reaching For Safe But Illusory Yield

The recent downfall of a short-term funding company and an investment firm may seem to have little in common at first glance. But a closer look suggests that both are indicators that some investors are looking for yield in all the wrong places.
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