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    Gavekal Research

    What's Up With Sweden's Underperformance

    This document is part of our old archive. It was published on 2007-11-02.You can download it here: WhatsUpWithSwedensUnderperformance.pdf

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    Gavekal Research

    Who Is On The Receiving End?

    This document is part of our old archive. It was published on 2007-10-18.You can download it here: WhoIsOnTheReceivingEnd.pdf

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    Gavekal Research

    The Impending UK Slowdown

    This document is part of our old archive. It was published on 2007-10-12.You can download it here: TheImpendingUKSlowdown1.pdf

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    Gavekal Research

    Our Current Thoughts on Asset Allocation

    This document is part of our old archive. It was published on 2007-10-05.You can download it here: OurCurrentThoughtsonAssetAllocation.pdf

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    Gavekal Research

    Strategy Review

    This document is part of our old archive. It was published on 2007-10-05.You can download it here: StrategyReview.pdf

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    Gavekal Research

    Deputy Heads Must Roll

    This document is part of our old archive. It was published on 2007-09-24.You can download it here: DeputyHeadsMustRoll.pdf

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    Gavekal Research

    Here Comes a Whale

    This document is part of our old archive. It was published on 2007-09-17.You can download it here: HereComesaWhale6.pdf

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    Gavekal Research

    Quarterly Strategy Chart Book - When The Facts Change

    This document is part of our old archive. It was published on 2007-08-30.You can download it here: QuarterlyStrategyChartBookWhenTheFactsChange.pdf

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    Gavekal Research

    Par For the Course From the ECB?

    This document is part of our old archive. It was published on 2007-08-23.You can download it here: ParFortheCourseFromtheECB.pdf

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    Gavekal Research

    Vigilant Against What?

    This document is part of our old archive. It was published on 2007-08-10.You can download it here: VigilantAgainstWhat.pdf

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    Gavekal Research

    Our Internal Discussions

    This document is part of our old archive. It was published on 2007-08-08.You can download it here: OurInternalDiscussions.pdf

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    Gavekal Research

    A Breakout of Asian Outperformance?

    This document is part of our old archive. It was published on 2007-07-30.You can download it here: ABreakoutofAsianOutperformance.pdf

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    Gavekal Research

    The Changing Liquidity Environment

    This document is part of our old archive. It was published on 2007-07-27.You can download it here: TheChangingLiquidityEnvironment.pdf

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    Gavekal Research

    Is The Tightening Cyle Over

    This document is part of our old archive. It was published on 2007-07-19.You can download it here: IsTheTighteningCyleOver1.pdf

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    Gavekal Research

    A Return to the Mean Trade

    This document is part of our old archive. It was published on 2007-07-13.You can download it here: AReturntotheMeanTrade.pdf

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    Gavekal Research

    Back to Mrs. Watanabe

    This document is part of our old archive. It was published on 2007-07-13.You can download it here: BacktoMrs.Watanabe.pdf

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    Gavekal Research

    Back to Rentiers & Entrepreneurs

    This document is part of our old archive. It was published on 2007-07-13.You can download it here: BacktoRentiers&Entrepreneurs.pdf

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    Gavekal Research

    The Key Question For FX Markets

    This document is part of our old archive. It was published on 2007-07-13.You can download it here: TheKeyQuestionForFXMarkets.pdf

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    Gavekal Research

    Will the Strong Euro Kill the European Recovery

    This document is part of our old archive. It was published on 2007-07-13.You can download it here: WilltheStrongEuroKilltheEuropeanRecovery.pdf

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    Gavekal Research

    The Social VAT

    This document is part of our old archive. It was published on 2007-07-12.You can download it here: TheSocialVAT.pdf

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    Gavekal Research

    The UK's New Chancellor

    This document is part of our old archive. It was published on 2007-07-03.You can download it here: TheUKsNewChancellor1.pdf

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    Gavekal Research

    When to Extend Bond Durations

    This document is part of our old archive. It was published on 2007-06-21.You can download it here: WhentoExtendBondDurations.pdf

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    Gavekal Research

    A Brief Review of Our Internal Discussions

    This document is part of our old archive. It was published on 2007-06-13.You can download it here: ABriefReviewofOurInternalDiscussions.pdf

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    Gavekal Research

    Which Currency Should We Buy?

    This document is part of our old archive. It was published on 2007-06-01.You can download it here: WhichCurrencyShouldWeBuy.pdf

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    Gavekal Research

    Germany & Japan: Two Weights, Two Measures?

    This document is part of our old archive. It was published on 2007-05-21.You can download it here: Germany&JapanTwoWeights,TwoMeasures.pdf

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    Gavekal Research

    The Rest of Europe is Not Export-Dependent

    This document is part of our old archive. It was published on 2007-05-21.You can download it here: TheRestofEuropeisNotExport-Dependent.pdf

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    Gavekal Research

    From Blair To Brown

    This document is part of our old archive. It was published on 2007-05-07.You can download it here: FromBlairToBrown.pdf

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    Gavekal Research

    Does The French Election Matter to Investors?

    This document is part of our old archive. It was published on 2007-05-07.You can download it here: DoesTheFrenchElectionMattertoInvestors.pdf

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    Gavekal Research

    Part 2: So What Should We Worry About?

    This document is part of our old archive. It was published on 2007-05-02.You can download it here: Part2SoWhatShouldWeWorryAbout1.pdf

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    Gavekal Research

    Will the BoE Hike Rates by 50bp

    This document is part of our old archive. It was published on 2007-04-24.You can download it here: WilltheBoEHikeRatesby50bp1.pdf

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    Gavekal Research

    The Triumph of Hope Over Experience?

    This document is part of our old archive. It was published on 2007-04-24.You can download it here: TheTriumphofHopeOverExperience.pdf

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    Gavekal Research

    GaveKal Daily Checking the Boxes - Our Take on the French Presidential Election

    This document is part of our old archive. It was published on 2007-04-23.You can download it here: GaveKalDailyCheckingtheBoxes-OurTakeontheFrenchPresidentialElection.pdf

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    Gavekal Research

    How High Can Sterling Go?

    This document is part of our old archive. It was published on 2007-04-20.You can download it here: HowHighCanSterlingGo.pdf

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    Gavekal Research

    How Sustainable is European Growth?

    This document is part of our old archive. It was published on 2007-04-20.You can download it here: HowSustainableisEuropeanGrowth.pdf

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    Gavekal Research

    The Bank of England's Inflation Problem

    This document is part of our old archive. It was published on 2007-04-20.You can download it here: TheBankofEnglandsInflationProblem.pdf

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    Gavekal Research

    Is Gold Rising Because of Coming Inflation?

    This document is part of our old archive. It was published on 2007-04-17.You can download it here: IsGoldRisingBecauseofComingInflation.pdf

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    Gavekal Research

    Breaking the Rules

    This document is part of our old archive. It was published on 2007-03-23.You can download it here: BreakingtheRules.pdf

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    Gavekal Research

    Brown's Last Budget

    This document is part of our old archive. It was published on 2007-03-23.You can download it here: BrownsLastBudget.pdf

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    Gavekal Research

    The Breakdown in the Yen-Euro

    This document is part of our old archive. It was published on 2007-03-23.You can download it here: TheBreakdownintheYen-Euro.pdf

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    Gavekal Research

    Trend & Cycle - When They Diverge, Watch Out

    This document is part of our old archive. It was published on 2007-03-13.You can download it here: Trend&Cycle-WhenTheyDiverge,WatchOut.pdf

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    Gavekal Research

    Europe's Mysterious Strength

    This document is part of our old archive. It was published on 2007-02-26.You can download it here: EuropesMysteriousStrength.pdf

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    Gavekal Research

    Risk 2 - Higher Inflation?

    This document is part of our old archive. It was published on 2007-01-26.You can download it here: Risk2-HigherInflation.pdf

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    Gavekal Research

    All Eyes On Monetary Policy

    This document is part of our old archive. It was published on 2007-01-12.You can download it here: AllEyesOnMonetaryPolicy.pdf

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    Gavekal Research

    Something's Gotta Give

    This document is part of our old archive. It was published on 2007-01-12.You can download it here: SomethingsGottaGive1.pdf

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    Gavekal Research

    Sterling: An Attractive Bet Against the Euro

    This document is part of our old archive. It was published on 2007-01-12.You can download it here: SterlingAnAttractiveBetAgainsttheEuro.pdf

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    Gavekal Research

    Sweden: Cold, Dark & Expensive - But Still a Good Bet

    This document is part of our old archive. It was published on 2007-01-12.You can download it here: SwedenCold,Dark&Expensive-ButStillaGoodBet.pdf

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    Gavekal Research

    An Ill-Wind Blowing Across Europe's Networks

    This document is part of our old archive. It was published on 2006-12-13.You can download it here: AnIll-WindBlowingAcrossEuropesNetworks.pdf

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    Gavekal Research

    An Already Bleak Outlook For Gordon Brown

    This document is part of our old archive. It was published on 2006-12-13.You can download it here: AnAlreadyBleakOutlookForGordonBrown.pdf

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    Gavekal Research

    The Demise of the Dollar Is Greatly Exaggerated

    This document is part of our old archive. It was published on 2006-12-05.You can download it here: TheDemiseoftheDollarIsGreatlyExaggerated1.pdf

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    Gavekal Research

    A Tale Of Two Countries

    This document is part of our old archive. It was published on 2006-11-30.You can download it here: ATaleOfTwoCountries.pdf

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    Gavekal Research

    Government As a Predator

    This document is part of our old archive. It was published on 2006-11-30.You can download it here: GovernmentAsaPredator.pdf

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    Gavekal Research

    A Rising Euro Hurts Europe's Weak

    This document is part of our old archive. It was published on 2006-11-30.You can download it here: ARisingEuroHurtsEuropesWeak.pdf

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    Gavekal Research

    Should We Change Our Mind On Europe?

    This document is part of our old archive. It was published on 2006-11-27.You can download it here: ShouldWeChangeOurMindOnEurope1.pdf

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    Gavekal Research

    Quarterly Strategy Chart Book 4Q06 - Lasting & Rolling Trends

    This document is part of our old archive. It was published on 2006-11-24.You can download it here: QuarterlyStrategyChartBook4Q06-Lasting&RollingTrends.pdf

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    Gavekal Research

    Read It and Weep

    This document is part of our old archive. It was published on 2006-11-17.You can download it here: ReadItandWeep1.pdf

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    Gavekal Research

    France's Shockingly Bad Numbers

    This document is part of our old archive. It was published on 2006-11-13.You can download it here: FrancesShockinglyBadNumbers.pdf

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    Gavekal Research

    An Interesting Week in Europe

    This document is part of our old archive. It was published on 2006-10-31.You can download it here: AnInterestingWeekinEurope.pdf

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    Gavekal Research

    Tax Increases That Won't Work

    This document is part of our old archive. It was published on 2006-10-17.You can download it here: TaxIncreasesThatWontWork.pdf

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    Gavekal Research

    Did Gordon Brown Kill the UK Pension Industry?

    This document is part of our old archive. It was published on 2006-10-17.You can download it here: DidGordonBrownKilltheUKPensionIndustry.pdf

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    Gavekal Research

    Back to Sterling

    This document is part of our old archive. It was published on 2006-10-03.You can download it here: BacktoSterling.pdf

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    Gavekal Research

    Reforming Governments and Booming Productivity

    This document is part of our old archive. It was published on 2006-10-03.You can download it here: ReformingGovernmentsandBoomingProductivity.pdf

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    Gavekal Research

    Sweden's New Right-Wing Government

    This document is part of our old archive. It was published on 2006-10-03.You can download it here: SwedensNewRight-WingGovernment.pdf

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    Gavekal Research

    The Emperor Has No Clothes

    This document is part of our old archive. It was published on 2006-10-03.You can download it here: TheEmperorHasNoClothes.pdf

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    Gavekal Research

    Coming Wobbles on the Sterling

    This document is part of our old archive. It was published on 2006-09-04.You can download it here: ComingWobblesontheSterling.pdf

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    Gavekal Research

    The Hurricane Season

    This document is part of our old archive. It was published on 2006-09-04.You can download it here: TheHurricaneSeason.pdf

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    Gavekal Research

    US vs EAFE

    This document is part of our old archive. It was published on 2006-09-04.You can download it here: USvsEAFE.pdf

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    Gavekal Research

    The Invisible Hand's Impressive Work

    This document is part of our old archive. It was published on 2006-08-03.You can download it here: TheInvisibleHandsImpressiveWork.pdf

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    Gavekal Research

    Sterling For the Long Haul?

    This document is part of our old archive. It was published on 2006-08-01.You can download it here: SterlingFortheLongHaul.pdf

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    Gavekal Research

    Economic Illiteracy

    This document is part of our old archive. It was published on 2006-07-07.You can download it here: EconomicIlliteracy.pdf

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    Gavekal Research

    Still Overweight the SEK

    This document is part of our old archive. It was published on 2006-06-26.You can download it here: StillOverweighttheSEK.pdf

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    Gavekal Research

    Have We Missed Something in Europe?

    This document is part of our old archive. It was published on 2006-06-07.You can download it here: HaveWeMissedSomethinginEurope.pdf

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    Gavekal Research

    More Fools than Money - The German Bond Indicator

    This document is part of our old archive. It was published on 2006-05-29.You can download it here: MoreFoolsthanMoney-TheGermanBondIndicator.pdf

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    Gavekal Research

    The Leverage in the System & the Weak US$

    This document is part of our old archive. It was published on 2006-05-18.You can download it here: TheLeverageintheSystem&theWeakUS$1.pdf

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    Gavekal Research

    Does France Belong in the PIG Club?

    This document is part of our old archive. It was published on 2006-05-15.You can download it here: DoesFranceBelonginthePIGClub.pdf

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    Gavekal Research

    Europe's Collision Course

    This document is part of our old archive. It was published on 2006-05-15.You can download it here: EuropesCollisionCourse.pdf

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    Gavekal Research

    Germany's Economic Recovery

    This document is part of our old archive. It was published on 2006-05-15.You can download it here: GermanysEconomicRecovery.pdf

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    Gavekal Research

    The Swings Of the Pendulum

    This document is part of our old archive. It was published on 2006-05-15.You can download it here: TheSwingsOfthePendulum.pdf

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    Gavekal Research

    The Mid-Cycle Speed-Up?

    This document is part of our old archive. You can download it by clicking the PDF button above.

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    Gavekal Research

    After The Recent Sell-Off, Should We Buy Gold Stocks?

    This document is part of our old archive. You can download it by clicking the PDF button above.

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    Gavekal Research

    Something is Changing in Germany - But What?

    This document is part of our old archive. You can download it by clicking the PDF button above.

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    Gavekal Research

    Quarterly Strategy Chart Book 1Q06 - The Mid Cycle Slowdown of 2006

    This document is part of our old archive. It was published on 2005-12-29.You can download it here: QuarterlyStrategyChartBook1Q06-TheMidCycleSlowdownof2006.pdf

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    Gavekal Research

    The Swedish Krona is Out in the Cold

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    Gavekal Research

    The Mystery of Jean-Claude Frankenstein

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    Gavekal Research

    Germany's Flat Earth Economics

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    Gavekal Research

    Is Growth the Answer & Where Will It Come From?

    This document is part of our old archive. You can download it by clicking the PDF button above.

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    Gavekal Research

    Outlook for the UK Economy

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    Gavekal Research

    Quarterly Strategy Chart Book - What We Know and What We Would Do About It

    This document is part of our old archive. It was published on 2005-09-26.You can download it here: QuarterlyStrategyChartBook-WhatWeKnowandWhatWeWouldDoAboutIt.pdf

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    Gavekal Research

    A German Joke

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    Gavekal Research

    The September Asset Allocation Questions

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    Gavekal Research

    The Bank of England's Monetary Policy

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    Gavekal Research

    Divorce Italian Style

    This document is part of our old archive. You can download it by clicking the PDF button above.

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    Gavekal Research

    Divorce Italian Style

    Could the euro break up? Since the launch of the single currency, our answer has always been the same: In theory, a break-up is quite possible, even likely. In practice, it is more or less out of the question, at least in the foreseeable future. Following the French and Dutch referendums, this answer has to be turned on its head. A break-up of the euro is now a very real practical option. In theory, however, it is unnecessary and could easily be...

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    Gavekal Research

    Quarterly Strategy Chart Book - 3Q05 - What Are Markets Afraid Of?

    This document is part of our old archive. It was published on 2005-06-10.You can download it here: QuarterlyStrategyChartBook-3Q05-WhatAreMarketsAfraidOf.pdf

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    Gavekal Research

    A Week is a Long Time in Politics

    This document is part of our old archive. You can download it by clicking the PDF button above.

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    Gavekal Research

    Why a "No" Vote Will Be a Good Result for Europe

    This document is part of our old archive. You can download it by clicking the PDF button above.

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    Gavekal Research

    Economic Reforms Sacrificed for Political Gains

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    Gavekal Research

    The Writing is on the Wall

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    Gavekal Research

    Hot Air in Davos

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    Gavekal Research

    The French Stock Market Mystery

    This document is part of our old archive. You can download it by clicking the PDF button above.

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    Gavekal Research

    Quarterly Strategy Chart Book - First Quarter 2005

    This document is part of our old archive. It was published on 2005-01-12.You can download it here: QuarterlyStrategyChartBook-FirstQuarter2005.pdf

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