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EU Banking Crisis May Lead to Double-Dip

Mon 31 May 10 | 06:10 PM ET
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EU Banking Crisis May Lead to Double-Dip

Mon 31 May 10 | 06:10 PM ET
If a full blown private banking crisis takes place in Europe, Ashraf Laidi, chief market strategist at CMC Markets, says this could lead to a double-dip recession, which would in turn, hurt Chinese exports. Chris Stott, equity analyst at Wilson Asset Management also weighs in, with CNBC's Oriel Morrison & Sri Jegarajah.

Topics:

Economy (U.S.)  | Europe (West) Banks

Sectors:

 | Financial Services
 
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