Most immediately, dichotomy among central banks is developing for instance in emerging countries with India/China tightening but Brazil/Russia reluctant. In advanced countries alongside other smaller countries, Canada is now on June 1, 2010 the first G-7 country to raise rates while others appear less flexible. Over a half century ago prosperity did improve alongside frugality, for the greatest generation of Europe/Japan emerging from war, for North America emerging into expansion and for emerging countries throwing off colonialism. Currently, hue is likely more key than binary strong growth/double dip arguments. The twelve months to April 2010 generally had consensus raising estimates of country growth and company estimates alike. Now in re-adjustment in June on, the consensus focus may shift to trimming expectations to different hue. It represents opportunity in the markets of today to focus upon a quality tilt of quantitative dimensions over the preferences of recent convention for low quality for gain and for advanced country sovereign debt for risk control.
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