Europe has been, and will continue to be, the news event going forward. The effect it has upon the US is irritatingly large, whether we like it or not.

As I’ve stated in previous newsletters, the European Monetary Union (Euro) will have to change drastically for Europe to weather their problems. There will also be some drastic, fundamental ways the relationship between state and citizens will change.

The question is: what does this mean for your investments?

1. I continue to caution against all things Europe

2. Constantly evaluate the allocation of your investments to ensure they’re meeting your risk levels

3. Consider more active management in the coming year. Talk to me about what this might mean.

Here is a technical article on the European problem