After Italy’s victory over Germany on the soccer field on Thursday, Prime Minister Mario Monti also won for Italy at the negotiating table the following day. At an emergency summit meeting held in Brussels, Mr. Monti forced German Chancellor Angela Merkel to make the significant concession that a n…
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.
Germany is hitting negative sovereign yields, while Spanish regions and banks seek financial assistance from their parent country, which needs a bailout of its own.