Update on fundamentals Business fundamentals in the financial sector have continued to improve off the trough levels reached in 2009, although the improvement is expected to slow in the second half of 2012, given some of the growing risk to the global economy. Corporate sales (revenue) growth among…
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.
While 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.