Quick Reminder of Europe’s Hidden Risk & Link To Quantum Physics

“The concern we have as investors is that there is a lot of risk out there that people aren’t really picking up on.  The fact that this bond buying program (“Outright Monetary Transactions”) is conditional means that it’s actually hard to police. How can you give a country that asks for help support, and then withdraw it and not expect the market to implode as a result…

“A physics quip to link to is Heisenberg’s Uncertainty Principle… the more you understand about a particle’s momentum, the less you know about its location. And you can say that about Europe. The more we understand about how fast things are deteriorating, the less we understand the full extent of how big the problem is.”

Gemma Godfrey, Head of Investment Strategy at Brooks Macdonald and CNBC’s ‘go to’ expert on Europe and financial markets, on Squawk Box October 2012.

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