Cycling to work

29 Jun 2011

There is nothing new under the sun," declared the Book of Ecclesiastes more than 2,000 years ago, and it is hard to disagree with that sentiment today.

OK, we have to ignore iPads, BlackBerries, rocket launchers, GPS-tracking watches and, er, pencils; all of which would have been mind-blowing to our ancestors a few thousand years ago. But any grizzled market veteran will tell you this Biblical formula is a good description of the capital markets: ...

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