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AUTHERS NOTE from MARKETS

Safety in short supply

Feb 9 2012 Safe investments are growing rarer, and so those that remain are more expensive. Piero Ghezzi, chief economist at Barclays Capital, discusses the findings of his annual equity/gilt study and explains why stocks aren't as relatively cheap as they appear. (5m 40sec)

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Produced by Veronica Kan-Dapaah. Filmed by Rod Fitzgerald and James MacDonald.

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