Merk Funds' Axel Merk says the European Central Bank will spend and print less money than the Fed in the face of economic problems.
Headlines this week revealed a new nomination but an old hat at the Treasury, a new direction for an old-line grocer, and same-old, same-old at the ECB--for now, anyway.
Many central bank and corporate leaders were at least talking about, if not taking action this week.
Morningstar's Matt Warren thinks the European Central Bank must build a firewall around failing European nations and banks or the crisis could spread across the globe.
©2012 Morningstar Advisor. All right reserved.