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You don't have to be a sophisticated investor to recognize that thanks to events of the last several months, the American investment landscape has sharply and irrevocably changed, and that current events ranging from continued volatility in global financial markets to the ascendancy of Barack Obama and the Democratic party to the helm of the national government stand to change it still further. As headlines trumpet the latest alarming news regarding the economy and the financial markets, popular pessimism concerning America's financial future rises seemingly in inverse proportion to the degree to which public confidence in the individuals and institutions responsible for economic stewardship plummets. Apart from the broadly-held consensus that things are bad and are likely to get worse, there is precious little agreement as to the ultimate breadth or depth of the economic challenges ahead, or to their impact upon the investment landscape.
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