Top 10 Market Predictions for 2010

In this article, Mr. Bernstein shares his Top 10 forecasts for how the financial markets will shape up in 2010.

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Lessons of Investing are Ignored

One might think that the rally would be an opportunity for big investors such as pension funds and endowments to sell into strength previously troubled and illiquid alternative assets or correlated high-beta investments, to restructure their portfolios more efficiently to fund liabilities. Unfortunately, the lessons of the past several years have not been learned.

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