Good but not good enough

As investors start their holidays after a tumultuous year in global markets, there’s only one thing they can count on in 2012: a continuation and deepening of the European crisis and another volatile year for markets. Slowly the reality is beginning to sink in that there will be no easy or quick resolution to Europe’s problems and that its crisis could drag on for years. And that will have significant impacts on investors in both developed and emerging markets.

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