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Brace yourself for 2012 recession: Charles Dumas

Lombard Street Research’s Charles Dumas says the global economy will fall into recession and China won’t be able to help. US equities are best poised to lead investors to recovery.

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The Chinese yuan is:



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Overvalued versus the dollar
  23%
 
Undervalued versus the dollar
  49%
 
At fair value versus the dollar
  28%
TOTAL VOTES: 69
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