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Here is one message from the markets worth pondering, even for non-investors: political confidence may be at a low ebb in Europe; businesses and consumers may be shell-shocked by the last recession and gloomy about the future; but judging by the market's behavior the years ahead are more likely to resemble the stable and prosperous 1950s and 1960s than the crisis-ridden decades from 1973 to 1989.
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