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Is Europe Facing Another Downturn?

Recent numbers from the European economy showed no growth whatsoever in the second quarter of 2014 - is this a blip or the beginnings of another downturn?

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. With European data showing signs of weakness again, is this just a temporary blip or signed of sustained downturn? I'm here today with Bob Johnson, he is our Director of Economic Analysis, to see what's causing this weakness and if it could spread to the United States.

Bob, thanks for joining me.