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The nadir of the cyclical slowdown may be behind us by Mikio Kumada, CIIA, Global Strategist LGT Capital Partners

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Last week’s weak US payroll data may have marked the low point in the global cyclical slowdown that began last summer. Since then, warned by increased financial market volatility, the US has postponed monetary tightening, Europe and China have taken additional measures to support their economies, while Japan is almost…

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