Bloomberg News

CORRECT: Chance of Europe Liquidity Crisis Is Lower, Mowat Says

May 15, 2012

(Corrects to add probability in lead). The probability of a liquidity crisis in Europe is “meaningfully lower” this year compared with last year, said Adrian Mowat, JPMorgan Chase & Co.’s Hong Kong-based chief Asian and emerging-market strategist.

Markets have “corrected a fair amount,” he said in a Bloomberg Television interview today. Mowat likes technology stocks and equities in the Southeast Asian region.

To contact the reporter on this story: Gan Yen Kuan in Kuala Lumpur at

To contact the editor responsible for this story: Allen Wan at

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