February/March 2012
Features
Spotlight: Europe
Morningstar Conversation 50
Undiscovered Managers 56
Restoration Drama
Europe on the Brink
Two experts question the eurozone’s response to the debt crisis and wonder whether it’s possible to repair the damage.
Europe needs to address the real issues of competitiveness, deficits, and fiscal integration.
38
GoodHaven Realizes Its Vision
The firm is stepping out of Fairholme’s shadow, thanks to a big-time investor.
How Europe Is Making Its Crisis Worse
Fiscal austerity will fail to cure what ails the euro.
41 42
Impact on U.S. Economy Will Be Minimal European Banks: Bargains or Value Traps?
We put banks through a series of stress tests and find some opportunities for risk-tolerant investors.
46
Don’t Count the Euro Out Yet
Despite the challenges, concerns that the end of the euro is near are overblown, fund managers say.
3
Table of Contents for the Digital Edition of Morningstar Advisor - February/March 2012