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Morningstar Hot Topics:
The EU Quandary and Investor Confidence
The sovereign debt calamity in Europe has been weighing heavily on global financial markets over the past year, a primary driver of the “risk-on, risk-off” trading that dominated market moves. EU leaders, aided by liquidity measures designed by the European Central Bank (ECB) and International Mone…
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Session 1: Is the Economy Really Losing Steam?Morningstar director of economic analysis Bob Johnson addresses recent sluggishness in the economy and makes the case for better growth in the second half of the year.
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Only a Haircut Will Do in EuropeWhile liquidity may provide temporary relief, only debt reduction--and a creditor haircut--will put Europe back on the road to growth, says TCW's Komal Sri-Kumar.
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