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Dramatic run-up in equity prices not seen: Citi Bank

According to John Woods of Citi Private Bank, whether or not the global markets could witness a multiyear bear patch depends on the severity of recession in the US. He said, "Markets are still coming to terms with recession in the US. We haven’t fully priced in a potential of recession."

first published: Sep 30, 2011 01:15 pm

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