Sat, Apr 19, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

SYZ & Co: Germany to emerge 'winner' in EU's bailout of the Greek and euro crisis

Thursday, May 20, 2010

From Precy Dumlao, Opalesque Asia:

The latest act of the European Central Bank to decisively contain the Greek debt default crisis which has threatened the euro currency will strengthen Europe's Monetary Union in the long term but weaken the region's growth in the shorter term, said Swiss banking group SYZ & Co. in its latest "Point of View" newsletter published this month. The firm also expects Germany to emerge the winner from the current situation.

Despite the EU's bailout package to save the Greek economy, the report added that in the past few weeks, the global markets have been hit by a marked sharp increase in volatility and clear-cut increase in risk aversion.

The same concern was raised by Ron Ianieri, Chief Market Strategist at financial consulting firm Ion Options when he appeared on BBN's Headline last week and said that the $1bn program by the ECB to assist ailing members of the EU was just a temporary fix but will not solve completely solve the problem.

Outlook by region United States The U.S. economy is on its way to recovery are gaining strength, SYZ said. The Gross Domestic Product recorded a third consecutive quarter of growth at the beginning of 2010, increasing by 3.2% at an annualized rate. But the bank said the recovery of......................

To view our full article Click here

Banner
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  4. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an

  5. SEC allows investment funds to use social media[more]

    Bailey McCann, Opalesque New York: The Securities and Exchange Commission (SEC) has released new guidance letting investment funds and advisors use social media to promote client reviews. The guidance seeks to assist investment managers in developing compliance policies and procedures reasonably