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Lunch Wrap

On FT Alphaville Friday morning,

- How the current equity rally is a function of central bank liquidity ops.

- The effects of quantitative easing on ‘real assets‘.

- What recovery?

- Bearing the Brownt II.

- Allocating the ECB’s credit easing.

- John Lewis, aka Goldilocks.

- Niall Ferguson fights back.

On FT.com,

- Rio Tinto to raise $15.2bn in share sale.

-  Producer prices fall for the first time in seven years.

- Lloyds faces pension demand.

- Carphone hopes for March 2010 demerger.

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