Europe is currently trying quick fixes, but the continent will need to make major structural reforms in order to solve the sovereign debt crisis, says Artio's Rudolph-Riad Younes.
Policymakers and corporate leaders appeared to take decisive steps this week, but are they moving in the right direction?
TCW chief global strategist Komal Sri-Kumar says the impact of Europe's woes will be felt in the U.S. via global bank exposures and could result in less private-sector lending.
The EU bailout plan could face hiccups in the short term, and long-term question marks still hang, says Morningstar markets editor Jeremy Glaser.
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