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Cyprus Reminds Us of Threats and Improving Global Economy- Nuveen Asset Management

Posted by Seton McAndrews | CFP®, Vice President Investments
March 26, 2013

Bob Doll, Chief Equity Strategist at Nuveen Asset Management, opines on the latest from Cyprus and other weekly events. "Equity averages sagged slightly last week. Strength later in the week made up for earlier weakness as the equity rally paused for the Cyprus crisis. We (and the consensus) perceive Cyprus as mainly a local problem and believe it supports our view to remain cautious with Eurozone weightings."

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