Random Gleanings: The Elusiveness of Clarity

There are always uncertainties. If you can’t find things to worry about, you lack imagination and a sense of history. But it’s also important to maintain the proper perspective between what’s unknown and what’s relatively certain. Right now, amid the unwinding of a credit crunch, the unknowns seem to loom larger and be more numerous than usual--but that’s typical of liquidity squeezes. What are today’s primary uncertainties?

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