Caton's Corner July 2010 from the Chief Economist of BT Financial Group Ltd

A year has passed......

And (almost) everything is just as it was a year before.

The major economies of the world are in recovery mode, although there are still questions being asked about the longevity and strength of the recoveries, particularly in Europe.

Financial markets are trying to figure out what to do next.

It wouldn't surprise me if the same is again true a year from now.

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