Gavekal Capital: Odds of Euro Break-Up Are on the Rise

Tuesday, January 27, 2015

Odds of Euro Break-Up Are on the Rise

The likelihood of a country leaving the euro zone rose once again, according to sentix's Euro Break-Up Index (EBI). December's 24.3% overall reading is the highest level since August 2013 and indicates that nearly a quarter of respondents expect at least one country to leave the euro this year, up from just 7.7% back in July 2014.

Unsurprisingly, the rise was driven primarily by investors' inclination to think that country might be Greece (black line/ bar):

About Gavekal Capital

Gavekal Capital is a US registered investment advisory firm that manages the Gavekal Knowledge Leaders Strategy. Knowledge Leaders are a group of the world’s leading innovators with deep reservoirs of intangible capital. These companies often possess competitive advantages such as strong brand, proprietary knowledge or a unique distribution mechanism. Knowledge Leaders are largely service-based and advanced manufacturing businesses, often operating globally. Gavekal Capital seeks to identify the world’s leading knowledge companies through a proprietary process that analyzes corporate knowledge investments.
We offer the Gavekal Knowledge Leaders Strategy in multiple products for global investors. For more information about our product offerings please visit http://www.gavekalcapital.com.
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