CORRECT: Chance of Europe Liquidity Crisis Is Lower, Mowat Says
(Corrects to add probability in lead). The probability of a liquidity crisis in Europe is “meaningfully lower” this year compared with last year, said Adrian Mowat, JPMorgan Chase & Co.’s Hong Kong-based chief Asian and emerging-market strategist.
Markets have “corrected a fair amount,” he said in a Bloomberg Television interview today. Mowat likes technology stocks and equities in the Southeast Asian region.
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