|
The Eurozone sovereign debt crisis is likely to be the biggest risk factor that investors have to deal with in 2012. Financial markets will be driven by the uncertainty related to its political and economic challenges. This is the analysis made by Giorgio Cortiana, Managing Director of Wealth Management Research at UBS. In his economic and market outlook 2012, he predicts the first months of 2012 to be a minefield. The big question for the months and years to come is: who will pay for the public debts of the Eurozone, the US and Japan? Its not easy finding a solution, says Giorgio Cortiana, knowing that the sovereign debt level in some major economies is alarming. The UBS wealth management specialist gets the impression that we are in a post-financial...
|