What will be the impact of the Irish bailout on Euro equities?

Luke Stellini, European equities product director, Invesco Perpetual A successful Irish bailout is important but not critical to the outlook for European equities. The same could be said for Portugal. The key word is contagion. On the assumption problems are ring fenced and do not affect larger, more systemically important countries like Spain, then European equities can continue to perform. Recent history proves this with European equities performing well despite the widening in spreads between Irish and German bond yields. Divergent performance between peripheral European markets also...