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Europe is not fixed. Not by a long shot

From buzz.money.cnn.com

The Germans themselves seem increasingly nervous about the rest of Europe as well. A report issued Tuesday by the The Centre for European Economic Research in Mannheim indicated that economic sentiment in Germany was at its lowest level of the year, a sign that Germans expect their economy to slow further over the second half of the year. If Germany can't support the eurozone, who can? France? That's unlikely. So investors should not get fooled into thinking that the debt crisis is over just because long-term bond yields in Spain and Italy have retreated from the peak crisis levels. More importantly, European Central ... (full story)

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