Sovereign debt issues continue to impact global growth prospects

Rising risk

What was the most significant event that impacted markets in 2011?

Roberto Botero, Sciens Capital Management
The most significant event to have an impact on the performance of financial markets in 2011 is surely the increased downside risk brought to the fragile global economic recovery by the indecision and horse-trading of politicians on both sides of the Atlantic.

The Greek fiscal sustainability concerns, which were first noticed by the markets in the late spring of 2010, have morphed into a

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