The outlook for European markets after rocky ride

The Conjecture panel discusses debt, contagion, and the outlook for European markets

In this week’s debate, the panel discussed the crisis facing the eurozone, the threat of contagion to the strongest economies in the region, and which sectors of the market still offer attractive opportunities for investors. The participants were Robert Quinn, Chief European Strategist at S&P Equity Research at Standard and Poor’s, and Gaby Gourgey, institutional portfolio manager for European equities at MFS. How likely is it contagion will spread from peripheral Europe to Italy or even France? Robert Quinn (RQ): One should never underestimate contagion, because then it comes back...