The business world is getting more global. Does that mean you should be following suit with your practice? Based on conversations I’ve had with some bank advisors over the months, and especially in the past few weeks, most would probably rebuff that idea. But I’m not so sure.

A few weeks ago, I spoke to a Wall Street chief strategist about the spectacle of Europe sliding toward recession and battling to save its currency. After a few minutes of genuine sympathy for an intertwined economy coming apart, we turned our attention to the next big question, at least by Wall Street standards: Who stands to gain?

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