Eurozone & US Outlook

If the eurozone did not exist, the world would be focused on the US recovery issues. The US is not on the brink of a potential downward spiral - at least not until Washington arrives at its self-imposed "fiscal cliff" later this year. But, by any measure, the US is in the middle of a partially self-inflicted growth crisis.  So all eyes will once again be turning to the Federal Reserve for answers.