While it appears as though the problems in Europe have faded from view, expect them to return in force over the coming weeks. Almost two weeks ago, Christine Lagarde called the US recovery tepid and warned against the coming fiscal cliff, however, the US economy is caught between a rock and a hard place. The economic recovery, which looked promising last year, has been grinding to a halt due to political problems in Europe and the US. European leaders have yet to craft a comprehensive solution to the problems facing the continent. For a year now Greece has smoldered, allowing the fire to spread to Spain, Cyprus, and ... (full story)