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M'aider
By Jay Morgan, Senior Consultant
The French term "venez m'aider", which means 'come help me', is better known by its English adaptation: the international distress signal Mayday-Mayday. May was truly a month in which European countries were issuing a distress call to the world seeking relief from the debt loads that threatened to drown their stagnating economies. The story that first gained wide spread attention in February of this year became the center of attention for investors in recent weeks. As a result of market uncertainty, the MSCI All Country World Index, an index of equities around the globe, fell 9.5% in the month of May. Full Article
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