The European Central Bank has helped soothe short-term sovereign debt worries in Europe, but long-term competiveness must be improved for the crisis to fully fade away, says Morningstar's Dave Sekera.
ECB policies have stemmed volatility in the eurozone, but unless the region can start growing economically, global investors will still head toward low-risk U.S.-dollar-based assets, says Western Asset's Steve Walsh.
Industry headwinds could slow down some companies, but further central bank moves and improving housing data offer the economy much-needed support.
Monetary policies in the U.S., Europe, Japan, and elsewhere carry long-term uncertainty and potential unintended consequences for fixed-income investors, says Western Asset's Steve Walsh.
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