Surprising Corners of Resilience
The first half of a wild 2012 will come to a close this week, leaving a significant disconnect between many investors' outlooks and the state of their portfolios so far this year. Though sentiment has turned overwhelmingly negative in the last several weeks, many investors are in better shape now than they were when they started the year. Thanks to an impressive rally in the early months of 2012, many indices will close June in positive territory, despite a dismal two month stretch to end the first half.
The bulk of the anxiety can be traced to one central location: Europe. The continent's debt woes have weighed on financial markets around the world, causing steep selloffs from the emerging markets of Asia to the developed markets of North America. But while few economies have been spared from the European fallout entirely, some have handled it much better than others have done....342 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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