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Few world stock markets escaped the Italian mood on Wednesday, then they all rose in unison...

Few world stock markets escaped the Italian mood on Wednesday, then they all rose in unison toward the end of the week - though correlation is actually less strong now than a few years ago. That doesn't mean that markets will stop moving in lockstep, and one way to protect against contagion: utilities that aren't as vulnerable to dollar, inflation or interest risks.
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