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Europe's crisis not over yet: IMF's Lagarde

European Union

Europe is on the mend, but the economic crisis that has plagued the region since 2008 is not over yet, International Monetary Fund (IMF) Managing Director Christine Lagarde has warned.

Blame misaligned policies for state of US economy

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Investors need not worry about naysayers' myriad structural flaws of American economy. Some of these problems do exist, most are fanciful, but none are currently responsible for America's Mediterranean style output gap.



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US GDP growth disappoints

US economic growth missed expectations in the fourth quarter, reinforcing fears that the Federal Reserve was too hasty last month when it raised rates for the first time in almost a decade.