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	<title>NEW$ TO U(SE) &#187; INVESTING</title>
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	<link>http://www.news-to-use.com</link>
	<description>Material Practical Economic &#38; Financial News, Info, Research &#38; Ideas</description>
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		<title>JEREMY GRANTHAM: SEVEN LEAN YEARS</title>
		<link>http://www.news-to-use.com/2010/01/jeremy-grantham-seven-lean-years.html</link>
		<comments>http://www.news-to-use.com/2010/01/jeremy-grantham-seven-lean-years.html#comments</comments>
		<pubDate>Wed, 27 Jan 2010 10:56:00 +0000</pubDate>
		<dc:creator>Denis Ouellet CFA</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[bonds]]></category>
		<category><![CDATA[EQUITIES]]></category>
		<category><![CDATA[INVESTING]]></category>

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		<description><![CDATA[An excellent read, as usual. I do not agree that the market is worth 850 (see US EQUITIES VALUATION ANALYSIS: DUCK, YOU (HAPPY) SUCKERS!) , but all else is vintage Grantham. Read it all and more here. My view of &#8230; <a href="http://www.news-to-use.com/2010/01/jeremy-grantham-seven-lean-years.html">Continue reading <span class="meta-nav">&#8594;</span></a>


Related posts:<ol><li><a href='http://www.news-to-use.com/2009/10/jeremy-grantham-the-last-hurrah-and-markets-being-silly-again.html' rel='bookmark' title='Permanent Link: JEREMY GRANTHAM: The Last Hurrah and Markets Being Silly Again'>JEREMY GRANTHAM: The Last Hurrah and Markets Being Silly Again</a></li>
<li><a href='http://www.news-to-use.com/2009/07/jeremy-grantham-waiting-for-markets-to-be-silly-again.html' rel='bookmark' title='Permanent Link: JEREMY GRANTHAM: WAITING FOR MARKETS TO BE SILLY AGAIN'>JEREMY GRANTHAM: WAITING FOR MARKETS TO BE SILLY AGAIN</a></li>
<li><a href='http://www.news-to-use.com/2009/01/jeremy-grantham-on-obamas-financial-people.html' rel='bookmark' title='Permanent Link: JEREMY GRANTHAM ON OBAMA&#8217;S FINANCIAL PEOPLE'>JEREMY GRANTHAM ON OBAMA&#8217;S FINANCIAL PEOPLE</a></li>
</ol>]]></description>
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		<title>Risks, Hedges and Opportunities</title>
		<link>http://www.news-to-use.com/2010/01/risks-hedges-and-opportunities.html</link>
		<comments>http://www.news-to-use.com/2010/01/risks-hedges-and-opportunities.html#comments</comments>
		<pubDate>Mon, 25 Jan 2010 14:04:00 +0000</pubDate>
		<dc:creator>Denis Ouellet</dc:creator>
				<category><![CDATA[ANALYSIS]]></category>
		<category><![CDATA[Risks, Hedges & Opp...]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[CURRENCIES]]></category>
		<category><![CDATA[DELEVERAGING]]></category>
		<category><![CDATA[INTEREST RATES]]></category>
		<category><![CDATA[INVESTING]]></category>

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		<description><![CDATA[There is no escaping that monetary policy is a very complex subject matter, difficult to apply and much more than a simple idea of targeting an appropriate inflation rate. The monetary authorities are not innocent for they can easily make &#8230; <a href="http://www.news-to-use.com/2010/01/risks-hedges-and-opportunities.html">Continue reading <span class="meta-nav">&#8594;</span></a>


Related posts:<ol><li><a href='http://www.news-to-use.com/2009/11/risks-hedges-and-opportunities-8.html' rel='bookmark' title='Permanent Link: Risks, Hedges and Opportunities'>Risks, Hedges and Opportunities</a></li>
<li><a href='http://www.news-to-use.com/2009/11/risks-hedges-and-opportunities-7.html' rel='bookmark' title='Permanent Link: Risks, Hedges and Opportunities'>Risks, Hedges and Opportunities</a></li>
<li><a href='http://www.news-to-use.com/2009/12/risks-hedges-and-opportunities-4.html' rel='bookmark' title='Permanent Link: Risks, Hedges and Opportunities'>Risks, Hedges and Opportunities</a></li>
</ol>]]></description>
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		<title>BUY LOW-SELL HIGH: Emerging Markets Appear Fully Priced</title>
		<link>http://www.news-to-use.com/2010/01/buy-low-sell-high-emerging-markets-appear-fully-priced.html</link>
		<comments>http://www.news-to-use.com/2010/01/buy-low-sell-high-emerging-markets-appear-fully-priced.html#comments</comments>
		<pubDate>Fri, 22 Jan 2010 08:13:00 +0000</pubDate>
		<dc:creator>Denis Ouellet CFA</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[EQUITIES]]></category>
		<category><![CDATA[INVESTING]]></category>
		<category><![CDATA[MARKET STATS]]></category>

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		<description><![CDATA[Short history chart but nevertheless very telling and compelling from my standpoint. Emerging market stocks are no longer cheap and already reflect a lot of good news, leaving them vulnerable to even minor disappointments. Emerging market (EM) equity multiples have &#8230; <a href="http://www.news-to-use.com/2010/01/buy-low-sell-high-emerging-markets-appear-fully-priced.html">Continue reading <span class="meta-nav">&#8594;</span></a>


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<li><a href='http://www.news-to-use.com/2009/10/jeremy-grantham-the-last-hurrah-and-markets-being-silly-again.html' rel='bookmark' title='Permanent Link: JEREMY GRANTHAM: The Last Hurrah and Markets Being Silly Again'>JEREMY GRANTHAM: The Last Hurrah and Markets Being Silly Again</a></li>
<li><a href='http://www.news-to-use.com/2009/04/buy-low-sell-high.html' rel='bookmark' title='Permanent Link: BUY LOW-SELL HIGH'>BUY LOW-SELL HIGH</a></li>
</ol>]]></description>
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		<title>Getting a Fair Share from ETFs</title>
		<link>http://www.news-to-use.com/2010/01/getting-a-fair-share-from-etfs.html</link>
		<comments>http://www.news-to-use.com/2010/01/getting-a-fair-share-from-etfs.html#comments</comments>
		<pubDate>Fri, 08 Jan 2010 07:39:00 +0000</pubDate>
		<dc:creator>Denis Ouellet CFA</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[INVESTING]]></category>

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		<description><![CDATA[Read the fine print. ETFs are not created equal. Fund management companies neither. Some are friendlier to investors than others. (…)Take the different performances of two ETFs invested in similar financial-sector stocks. The iShares Dow Jones U.S. Financial ETF saw &#8230; <a href="http://www.news-to-use.com/2010/01/getting-a-fair-share-from-etfs.html">Continue reading <span class="meta-nav">&#8594;</span></a>


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<li><a href='http://www.news-to-use.com/2009/09/beware-those-etfs-with-tracking-error.html' rel='bookmark' title='Permanent Link: Beware Those ETFs With Tracking Error'>Beware Those ETFs With Tracking Error</a></li>
<li><a href='http://www.news-to-use.com/2009/05/leveraged-etfs-beware-the-performance-conundrum.html' rel='bookmark' title='Permanent Link: Leveraged ETFs &#8211; Beware the Performance Conundrum'>Leveraged ETFs &#8211; Beware the Performance Conundrum</a></li>
</ol>]]></description>
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		<title>INVESTING IN SWISS COMPANIES: BEWARE!</title>
		<link>http://www.news-to-use.com/2010/01/investing-in-swiss-companies-beware.html</link>
		<comments>http://www.news-to-use.com/2010/01/investing-in-swiss-companies-beware.html#comments</comments>
		<pubDate>Tue, 05 Jan 2010 07:36:00 +0000</pubDate>
		<dc:creator>Denis Ouellet CFA</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[INVESTING]]></category>

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		<description><![CDATA[Novartis is taking control of Alcon paying Nestlé $180/share for its 52% stake. But far from being on the receiving end of the same rich offer, Alcon&#8217;s minority shareholders are being offered just $153 in stock. There is little they &#8230; <a href="http://www.news-to-use.com/2010/01/investing-in-swiss-companies-beware.html">Continue reading <span class="meta-nav">&#8594;</span></a>


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<li><a href='http://www.news-to-use.com/2009/04/beware-of-the-fourteen-week-quarters.html' rel='bookmark' title='Permanent Link: BEWARE OF THE FOURTEEN WEEK QUARTERS'>BEWARE OF THE FOURTEEN WEEK QUARTERS</a></li>
<li><a href='http://www.news-to-use.com/2009/08/bob-farrell%e2%80%99s-10-rules-for-investing.html' rel='bookmark' title='Permanent Link: BOB FARRELL’S 10 RULES FOR INVESTING'>BOB FARRELL’S 10 RULES FOR INVESTING</a></li>
</ol>]]></description>
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		<title>PIMCO’s Cyclical 2010 Outlook</title>
		<link>http://www.news-to-use.com/2010/01/pimco%e2%80%99s-cyclical-2010-outlook.html</link>
		<comments>http://www.news-to-use.com/2010/01/pimco%e2%80%99s-cyclical-2010-outlook.html#comments</comments>
		<pubDate>Mon, 04 Jan 2010 14:42:00 +0000</pubDate>
		<dc:creator>Denis Ouellet CFA</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[INVESTING]]></category>

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		<description><![CDATA[Here is asset allocation in action. PIMCO has cut risk exposure because it fails to see a clear path to the economy in 2010. The global economic recovery underway will likely be very much de-synchronized, borne of heterogeneous initial conditions &#8230; <a href="http://www.news-to-use.com/2010/01/pimco%e2%80%99s-cyclical-2010-outlook.html">Continue reading <span class="meta-nav">&#8594;</span></a>


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<li><a href='http://www.news-to-use.com/2009/06/is-this-bull-cyclical-or-secular-or-is-it-still-a-bear.html' rel='bookmark' title='Permanent Link: Is This Bull Cyclical or Secular? Or is it Still a Bear?'>Is This Bull Cyclical or Secular? Or is it Still a Bear?</a></li>
<li><a href='http://www.news-to-use.com/2009/12/richard-bernsteins-10-predictions-for-2010.html' rel='bookmark' title='Permanent Link: Richard Bernstein&#8217;s 10 Predictions For 2010'>Richard Bernstein&#8217;s 10 Predictions For 2010</a></li>
</ol>]]></description>
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		<title>Year-end tables for all North American stocks and indexes</title>
		<link>http://www.news-to-use.com/2010/01/year-end-tables-for-all-north-american-stocks-and-indexes.html</link>
		<comments>http://www.news-to-use.com/2010/01/year-end-tables-for-all-north-american-stocks-and-indexes.html#comments</comments>
		<pubDate>Sat, 02 Jan 2010 10:51:00 +0000</pubDate>
		<dc:creator>Denis Ouellet CFA</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[EQUITIES]]></category>
		<category><![CDATA[INVESTING]]></category>
		<category><![CDATA[MARKET STATS]]></category>

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		<description><![CDATA[Download 2009 closing prices for all stocks on TSX, Venture, NY, Nasdaq and Amex exchanges pdf files From the Globe &#038; Mail Related posts:NORTH AMERICAN AND EUROPEAN BANK RANKINGS Crisis hits North Sea oil search DENNIS GARTMAN: “Buy stocks, but &#8230; <a href="http://www.news-to-use.com/2010/01/year-end-tables-for-all-north-american-stocks-and-indexes.html">Continue reading <span class="meta-nav">&#8594;</span></a>


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<li><a href='http://www.news-to-use.com/2009/04/crisis-hits-north-sea-oil-search.html' rel='bookmark' title='Permanent Link: Crisis hits North Sea oil search'>Crisis hits North Sea oil search</a></li>
<li><a href='http://www.news-to-use.com/2009/04/dennis-gartman-%e2%80%9cbuy-stocks-but-say-no-to-gold%e2%80%9d.html' rel='bookmark' title='Permanent Link: DENNIS GARTMAN: “Buy stocks, but say no to gold”'>DENNIS GARTMAN: “Buy stocks, but say no to gold”</a></li>
</ol>]]></description>
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		<title>NATURAL GAS ETF (UNG): HEADS I WIN, TAILS YOU LOSE</title>
		<link>http://www.news-to-use.com/2009/12/natural-gas-etf-ung-heads-i-win-tails-you-lose.html</link>
		<comments>http://www.news-to-use.com/2009/12/natural-gas-etf-ung-heads-i-win-tails-you-lose.html#comments</comments>
		<pubDate>Tue, 22 Dec 2009 08:04:00 +0000</pubDate>
		<dc:creator>Denis Ouellet CFA</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[INVESTING]]></category>
		<category><![CDATA[natural gas]]></category>

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		<description><![CDATA[While the shortcomings of ETFs that track commodities have been well documented, the discrepancy between the price of natural gas and the ETF that is meant to track its price provides a great reminder of why many of these more &#8230; <a href="http://www.news-to-use.com/2009/12/natural-gas-etf-ung-heads-i-win-tails-you-lose.html">Continue reading <span class="meta-nav">&#8594;</span></a>


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<li><a href='http://www.news-to-use.com/2009/09/beware-those-etfs-with-tracking-error.html' rel='bookmark' title='Permanent Link: Beware Those ETFs With Tracking Error'>Beware Those ETFs With Tracking Error</a></li>
<li><a href='http://www.news-to-use.com/2009/07/leveraged-etf-ban-spreading-like-the-flu.html' rel='bookmark' title='Permanent Link: LEVERAGED ETF BAN SPREADING LIKE THE FLU'>LEVERAGED ETF BAN SPREADING LIKE THE FLU</a></li>
</ol>]]></description>
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		<title>Richard Bernstein&#8217;s 10 Predictions For 2010</title>
		<link>http://www.news-to-use.com/2009/12/richard-bernsteins-10-predictions-for-2010.html</link>
		<comments>http://www.news-to-use.com/2009/12/richard-bernsteins-10-predictions-for-2010.html#comments</comments>
		<pubDate>Thu, 17 Dec 2009 14:39:00 +0000</pubDate>
		<dc:creator>Denis Ouellet CFA</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[INVESTING]]></category>

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		<description><![CDATA[With my comments. 1. Stock and bond market returns in the US will again be positive. With both short and long term rates rising, equities will face new competition and strong headwinds from his #4. 2. The US dollar is &#8230; <a href="http://www.news-to-use.com/2009/12/richard-bernsteins-10-predictions-for-2010.html">Continue reading <span class="meta-nav">&#8594;</span></a>


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</ol>]]></description>
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		<title>High-Yield ETFs&#8217; Love-Hate Relationship With Investors</title>
		<link>http://www.news-to-use.com/2009/12/high-yield-etfs-love-hate-relationship-with-investors.html</link>
		<comments>http://www.news-to-use.com/2009/12/high-yield-etfs-love-hate-relationship-with-investors.html#comments</comments>
		<pubDate>Mon, 14 Dec 2009 07:34:00 +0000</pubDate>
		<dc:creator>Denis Ouellet CFA</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[bonds]]></category>
		<category><![CDATA[INVESTING]]></category>

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		<description><![CDATA[(…) The high-yield boom has packed premiums onto ETFs that may not last. Inflows to high-yield ETFs have been virtually nonstop in the past few years. In order for new units to be created, third parties such as investment banks &#8230; <a href="http://www.news-to-use.com/2009/12/high-yield-etfs-love-hate-relationship-with-investors.html">Continue reading <span class="meta-nav">&#8594;</span></a>


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<li><a href='http://www.news-to-use.com/2009/06/record-high-yield-curve-rising-mortgage-rates.html' rel='bookmark' title='Permanent Link: Record High Yield Curve, Rising Mortgage Rates'>Record High Yield Curve, Rising Mortgage Rates</a></li>
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