July 25, 2012 at 13:33 PM EDT
Litman Gregory Mid-Year Commentary: No Fat Pitch In International Stock Markets Yet
High debt levels in developed countries create headwinds that are likely to hamper global economic growth in the years ahead. Europe's debt woes raise the risk of a damaging financial crisis, and global stock markets reflected these concerns in the second quarter. Why are we discussing this now? It is partly a reflection on having reached a quarter o...
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