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Is Europe Recovering Or Not?

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iShares MSCI EMU Index Fund ETF ETF:EZU, SPDR DJ EURO STOXX 50 ETF ETF:FEZ - Is Europe Recovering Or Not?

Mixed messages from the eurozone this week had investors wondering if the bloc was on an upward trajectory or if it was time to batten down the hatches for another financial meltdown. While the bloc's policymakers appear to be confident in the direction the region is headed, data suggests that there could still be trouble ahead.

Draghi Confident

On Thursday, European Central Bank President Mario Draghi gave an optimistic speech about the region's strength. He said the bank's...