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    Gavekal Research

    Part 1 - Why We Remain Bullish

    This document is part of our old archive. It was published on 2007-04-04.You can download it here: Part1-WhyWeRemainBullish.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

    GaveKal Daily Report - Friday March 16th 2007

    This document is part of our old archive. It was published on 2007-03-16.You can download it here: GaveKalDailyReport-FridayMarch16th20072.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

    Japan - The Consumption Conundrum

    This document is part of our old archive. It was published on 2007-03-13.You can download it here: Japan-TheConsumptionConundrum.pdf

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    Gavekal Research

    Anatole's Take On the Recent Sell-Off

    This document is part of our old archive. It was published on 2007-03-08.You can download it here: AnatolesTakeOntheRecentSell-Off.pdf

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    Gavekal Research

    The End Of Greenspan's Keynesian Experiment

    This document is part of our old archive. It was published on 2007-03-08.You can download it here: TheEndOfGreenspansKeynesianExperiment.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

    Policy Changes That Matter

    This document is part of our old archive. It was published on 2007-02-09.You can download it here: PolicyChangesThatMatter.pdf

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    Gavekal Research

    Davos Long Term Outlook

    This document is part of our old archive. It was published on 2007-01-29.You can download it here: DavosLongTermOutlook.pdf

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    Gavekal Research

    Davos & Middle East Policy

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

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    Gavekal Research

    The Third Strand of America's Iranian Policy

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

    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

    The Years of Reckoning

    This document is part of our old archive. It was published on 2006-12-21.You can download it here: TheYearsofReckoning.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 US Job Machine Continues To Chug Along

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

    GaveKal Daily Report - Friday November 17th 2006

    This document is part of our old archive. It was published on 2006-11-17.You can download it here: GaveKalDailyReport-FridayNovember17th2006.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

    A Preview To the Japanese GDP Numbers

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

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    Gavekal Research

    Five Corners - Volume 7- Issue 21 - October 31st 2006

    This document is part of our old archive. It was published on 2006-10-31.You can download it here: RESENDFiveCorners-Volume7-Issue21-October31st2006.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

    Too Hot For Bonds, To Cold for Metals

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

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    Gavekal Research

    Why We Don't Worry About the US Election

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

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    Gavekal Research

    Why We Have Been More Cautious On Bonds

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

    How Red is Brown

    This document is part of our old archive. It was published on 2006-10-10.You can download it here: HowRedisBrown1.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

    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

    Reaping the Rewards of the Deflationary Boom - Quarterly Strategy Chart Book 4Q06

    This document is part of our old archive. It was published on 2006-09-21.You can download it here: ReapingtheRewardsoftheDeflationaryBoom-QuarterlyStrategyChartBook4Q06.pdf

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    Gavekal Research

    Enjoy the Golden Age

    This document is part of our old archive. It was published on 2006-09-18.You can download it here: EnjoytheGoldenAge.pdf

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    Gavekal Research

    Five Corners-Volume 7 Issue 18

    This document is part of our old archive. It was published on 2006-09-17.You can download it here: ResendofFiveCorners-Volume7Issue181.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

    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

    Goldilocks or Micawber?

    This document is part of our old archive. It was published on 2006-07-20.You can download it here: GoldilocksorMicawber.pdf

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    Gavekal Research

    Japan's Capital Spending Boom

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

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    Gavekal Research

    Keeping Up With the Fed

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

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    Gavekal Research

    All Eyes on the Fed

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

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    Gavekal Research

    Commodities' Long Uptrend

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

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    Gavekal Research

    Quarterly Strategy Report 3Q06 - A Different Investment Environment

    This document is part of our old archive. It was published on 2006-06-21.You can download it here: QuarterlyStrategyReport3Q06-ADifferentInvestsmentEnvironment.pdf

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    Gavekal Research

    Japan's Long Term Growth Outlook

    This document is part of our old archive. It was published on 2006-06-13.You can download it here: JapansLongTermGrowthOutlook.pdf

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    Gavekal Research

    Japan Will Keep the ZIRP

    This document is part of our old archive. It was published on 2006-06-13.You can download it here: JapanWillKeeptheZIRP.pdf

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    Gavekal Research

    Five Corners - Volume 7- Issue 12 - June 12th 2006

    This document is part of our old archive. It was published on 2006-06-12.You can download it here: REPOSTFiveCorners-Volume7-Issue12-June12th2006.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

    Commodities & Geopolitics

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

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    Gavekal Research

    Why Imbalances Matter - Steve Roach Responds to Anatole

    This document is part of our old archive. It was published on 2006-05-22.You can download it here: WhyImbalancesMatter-SteveRoachRespondstoAnatole.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

    Why Is the Fed Talking Down the US$?

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

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    Gavekal Research

    The Mid-Cycle Speed-Up?

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    Gavekal Research

    Quarterly Strategy Chart Book - How Long Can Bull Markets in Every Asset Class Last?

    This document is part of our old archive. It was published on 2006-03-27.You can download it here: QuarterlyStrategyChartBook-HowLongCanBullMarketsinEveryAssetClassLast.pdf

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    Gavekal Research

    The Davos Contrarian Indicator

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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

    Asset Inflation: A Pompous & Potentially Dangerous Notion

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    Gavekal Research

    Our Brave New World - The New GaveKal Book That You Must Read

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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

    Outlook for the UK Economy

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    Gavekal Research

    Five Corners - October 27, 2005

    This document is part of our old archive. It was published on 2005-10-27.You can download it here: ResendofFiveCorners.pdf

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    Gavekal Research

    A German Joke

    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 Being Rich Has Never Been So Expensive

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    Gavekal Research

    Japan: From Bad Deflation to Good

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    Gavekal Research

    GaveKal Five Corners - Volume 6, Issue 14

    This document is part of our old archive. It was published on 2005-07-12.You can download it here: GaveKalFiveCorners-Volume6,Issue14.pdf

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    Gavekal Research

    The Bank of England's Monetary Policy

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    Gavekal Research

    The European Debate

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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

    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

    It's the Euro, Stupid!

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    Gavekal Research

    The Death of the Federalist Project?

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    Gavekal Research

    A Week is a Long Time in Politics

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    Gavekal Research

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

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    Gavekal Research

    Of Bonds & Zombies

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    Gavekal Research

    The Revaluation of Asian Currencies

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    Gavekal Research

    The Long Wave

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    Gavekal Research

    Hot Air in Davos

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    Gavekal Research

    Anatole’s Notes From His Japan Trip

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    Gavekal Research

    Likely Policy Responses to the US$’ Fall

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    Gavekal Research

    GaveKal Five Corners - Volume 5, Issue 26

    This document is part of our old archive. It was published on 2004-11-23.You can download it here: GaveKalFiveCorners-Volume5,Issue26.pdf

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    Gavekal Research

    Britain: The End of the Golden Age

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    Gavekal Research

    Will Britain Swerve Left?

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    Gavekal Research

    Europe’s Unexpected Remission

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    Gavekal Research

    Has Anything Changed in Japan?

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    Gavekal Research

    The Silent Demise of the Stagnation Pact

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    Gavekal Research

    How Red is Brown?

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    Gavekal Research

    How Red is Brown?

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    Gavekal Research

    How Red is Brown?

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    Gavekal Research

    The Stopped Clock

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    Gavekal Research

    Anatole's Macro Strategy Winter 2004 Report

    This document is part of our old archive. It was published on 2003-12-29.You can download it here: AnatolesMacroStrategyWinter2004Report.pdf

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    Gavekal Research

    IS Europe the Next Japan

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    Gavekal Research

    The Ugly Contest

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    Gavekal Research

    The US Economic Recovery is on Track

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    Gavekal Research

    Anatole's Macro Strategy Summer 2003 Report

    This document is part of our old archive. It was published on 2003-07-01.You can download it here: AnatolesMacroStrategySummer2003Report.pdf

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    Gavekal Research

    Is Thatcherism Impossible in Europe?

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    Gavekal Research

    London and Frankfurt:Tale of Two Cities

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    Gavekal Research

    Reflections on May Day

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