These Money Mavens Invite You To Shop The World

As the U.S. recovery spreads to Europe and Japan, short-term interest rates are rising, stock prices are falling, and investors in many countries are running for shelter. But among one group of money mavens--global asset allocators--the mood is anything but glum. They're betting they can avoid much of the current market turbulence and leave investors well set for a global about-face in stocks and bonds that many think will unfold by late 1995 or 1996.

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