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The Good News from Chile

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STEADY STOCKS, SHAKY GROUND
"What is especially notable right now is that the Chilean market barely wobbled, even though it is already pretty richly priced. The index has boomed about 60% in a year. It's nearly quadrupled since the bull market in emerging markets began seven years ago," Marketwatch's Brett Arends writes. "Access to capital might even be more useful to a country in crisis than, say, a "star studded" telethon."
SOURCE:   Marketwatch

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