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Investing at a time like this

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With oil prices less than one-third their July peak, the energy sector is ripe for an eventual rebound. Arcelor-Mittal, the world's largest steelmaker, has a stock price that's only twice its annual earnings per share. That sounds like a rare bargain unless you think the world has all the steel it'll ever need. Turkey and Brazil are fundamentally strong countries that have been whacked by the markets.

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