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For those prepared to think beyond the scary economic headlines, Europe offers some great opportunities in stocks
Many Americans might be surprised to learn that amid the meltdown in Europe last year, stock markets overall on the continent actually made positive returns of about 20 per cent, according to research firm Morningstar MORN -0.48%.
That’s because Europe has many world-class companies, with world-class managers, who get on with the business of making money for shareholders unhindered by the incompetence of Europe’s politicians and the inertia of its institutions. Read more...