Dec. 7, 2011–Chief investment manager at Migdal Capital Markets, Yaakov Weinstein, said Monday that the eurozone was the weak link of the current crisis. Speaking at a banks consultant conference held by Migdal Capital markets, he outlined his market forecast for 2012.
“Europe is heading to a recession in 2012 – the European banking system is at risk, and as a result, the banks will slash loans which will stem growth…
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