John Dizard/2011


 * recovery holds little hope for eurozone'' - Estonia’s rapid recovery should not give any hope to any other struggling nation. There are special reasons why it has done so well - 31st January
 * is coming – just not yet'' - Inflation will return in a dramatic way, but you should not pay too highly for inflation protection just yet. So wait before buying gold – you’re not paranoid, you’re just early - 24th January
 * the muni market headlines'' - There are problems in US state and local government management and finance. These are fixable. Complacency has given way to worry and shame. Low state debt service ratios mean there is a low probability of a default triggered by a refinancing crisis - 17th January
 * insight on a tricky year'' - John Dizard is reasonably content with how the column’s views over the past year stand up. What concerns him for this year is the inevitable regression to the mean - 10th January