Eurozone Crisis Hits Home

November 15, 2011 by · Leave a Comment 

 Eurozone crisis

U.S. Investors Focused on Capital, Counter-Party Risks 

By: SEI Investment Management Unit

 

 

    • As government debt problems intensify in the European Monetary Union (EMU), financial firms outside of Europe have come under increasing pressure.
    •  MF Global, a small U.S.-based broker-dealer, recently declared bankruptcy due to its exposure to EMU government debt; another, Jefferies, has come under intense investor scrutiny. These episodes illustrate the powerful effects that fear and uncertainty can have on investor behavior and market volatility.
    •  The larger issue is not individual firms, but the risk of contagion from Europe to the global financial system and world economy.

Read SEI’s complete analysis –  Eurozone crisis hits home

 

About Tom Licciardello, CFP
For the past 31 years, Tom has helped manage the financial affairs for individuals and business. Tom is an independent Certified Financial Planner, principal of Licciardello Financial Services and partner in Compass Capital Corporation.

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