In the News: Investment News

German Chancellor Merkel may be the the most influential person in the world of finance, portfolio manager Axel Merk tells InvestmentNews

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'She is the lady with the checkbook, and will dictate the terms on money being spent,' said Mr. Merk, who manages funds that provide exposure to currencies. 'She wants institutional processes put in place so that there is a sound framework for crisis management. If Europe were to fall, contagion will go far beyond the shores. It's not extreme to refer to depression as a possibility.'…"