In some ways, over the past year Europe has had it tougher than the rest of the world.
Yet European stocks have powered on and on.
Is the “hiccup” on April 20 just a pause in the rally – or a reversal?
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Many people fear losing money in risk assets, so they choose interest-bearing cash equivalents. Yet, they've been punished by exceptionally low rates. Financial risk-takers snicker at the ultra-conservative. But -- who will get the last laugh?
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