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Lehman Brothers

Recovery provides banquet for risk-hungry

By Neil Dennis

Published: August 3 2009 14:06 | Last updated: August 3 2009 23:02

Recovering global business activity, pleasing corporate results, and sentiment buoyed by July’s stellar month for equity markets provided a banquet for risk-hungry investors on Monday.

Equities reached new peaks for the year, while commodities, emerging markets and other high-yield, high-risk assets also bounced to 2009 highs as investors left the safety of the dollar, yen and government bonds.

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