The spring thaw is imminent, and after the freezing winter shocks of debt, debt and a little more debt, there are signs that investor risk appetite is warming up again. A frequently heard phrase is "You can't sit in cash forever, you have to do something." But there remains a decidedly cool appraisal of where opportunities lie.
Like the deep fissures in melting ice floes, some great divides are already evident. The biggest is the gap between prospects in the western and eastern hemispheres. Mature western markets are sadd...
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