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Video: How Europe's turmoil can indirectly help the U.S.

Jun 19, 2012 @ 12:01 am

In his June market report, Brad McMillan, chief investment officer for Commonwealth Financial Network LLP, says that the turmoil in Europe only has a limited direct negative impact on the U.S. economy because direct financial exposure to Europe through the banking system has been dialed back substantially over the past year. However, McMillan says that the problems roiling Europe could actually have an indirect positive impact here at home.

Watch the video for more of McMillan's market analysis:

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