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Attractive assets are just too expensive, particularly in fixed income. Equities, meanwhile, require growing earnings if they are to continue to rally. Ewen Cameron Watt, chief investment strategist with BlackRock Investment Institute, discusses with the FT's John Authers where opportunities may lie in a difficult environment.
► Authers’ Note: http://bit.ly/1Liu16x
► FT Markets: http://bit.ly/1J5HNd3
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