Reuters – The euro zone’s debt crisis may be far from over, while Japan’s money-printing gamble to revive its economy could destabilize global markets if it doesn’t work, some hedge fund managers say.
They are taking the view that the rally in financial markets over much of the past year, fuelled by central bank money printing, could mask a failure to tackle some European countries’ and banks’ debt problems, and the sell-off of recent weeks may be the start of a longer downward move.
