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Global Slowdown

There's A Crisis And For Once, It's Not America's Fault

The Huffington Post | Mark Gongloff | Posted 10.24.2012 | Business

Thing One: Rest Of World Gets Even With America For Financial Crisis: The global economy is a mess, and for once it's not America's fault. But Amer...

Investors Brace for Global Slowdown

Mohamed A. El-Erian | Posted 06.02.2012 | Business
Mohamed A. El-Erian

The U.S. has lost an important part of its global leadership role. The G7 and IMF lack legitimacy and credibility. And the G20 is still working on its operational effectiveness. All this speaks to continued uncertainty and volatility -- economic, financial, political and social. Since the world starts naturally long risk assets, we could well see more investors seeking less risky asset allocations, including cash in what they deem as "safe jurisdictions." In the process, valuations -- for bonds, commodities, currencies, and equities -- could well diverge for a while from what many deem to be historically fair valuations. As Will Rogers is said to have observed decades ago, investors should be concerned with the return of their money and not just the return on their money.

Oil Hits Record High, Hurting Nearly All

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The price of oil gushed to a record high Monday, spreading dangerously to factories, groceries, gas stations and every citizen's po...