Europe's economy looks more and more vulnerable, and Credit Suisse Chief Risk Officer Lara Warner said at the 2019 Milken Institute Global Conference.
Experts don't expect the continental economy to tip into a recession, but Warner and other experts say they're worried about how vulnerable the region looks.
If those weak points and threats weren't enough, Warner doubts the European Central Bank will be able to do anything to avert a bigger economic crisis if one develops because interest rates are already at zero and the bank is already attempting to stimulate the regional economy. "They're out of bullets, or they're very close," said Scott Minerd, global chief investment officer for Guggenheim Partners, which manages $265 billion in assets.
"The EU has not yet completely harmonized their approach to banking and reform," Hunt said."There are some very clear things that Europe needs to do to get ready to the next turn" in the economic cycle.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forbes Small Giants:\nThe Best Small Companies Of 2019When is bigger not better? When you value greatness over fast growth. These 25 companies are all privately owned and closely held, and they share a commitment to providing stellar service to customers, offering employees fulfilling, rewarding work and being vital members of their communities.
Read more »
Forbes Small Giants:\nThe Best Small Companies Of 2019When is bigger not better? When you value greatness over fast growth. These 25 companies are all privately owned and closely held, and they share a commitment to providing stellar service to customers, offering employees fulfilling, rewarding work and being vital members of their communities.
Read more »
Forbes Small Giants:\nThe Best Small Companies Of 2019When is bigger not better? When you value greatness over fast growth. These 25 companies are all privately owned and closely held, and they share a commitment to providing stellar service to customers, offering employees fulfilling, rewarding work and being vital members of their communities.
Read more »
Forbes Small Giants:\nThe Best Small Companies Of 2019When is bigger not better? When you value greatness over fast growth. These 25 companies are all privately owned and closely held, and they share a commitment to providing stellar service to customers, offering employees fulfilling, rewarding work and being vital members of their communities.
Read more »
Forbes Small Giants:\nThe Best Small Companies Of 2019When is bigger not better? When you value greatness over fast growth. These 25 companies are all privately owned and closely held, and they share a commitment to providing stellar service to customers, offering employees fulfilling, rewarding work and being vital members of their communities.
Read more »
Forbes Small Giants: The Best Small Companies Of 2019When is bigger not better? When you value greatness over fast growth. These 25 companies are all privately owned and closely held, and they share a commitment to providing stellar service to customers, offering employees fulfilling, rewarding work and being vital members of their communities.
Read more »
62 families own a surprisingly large chunk of US land, and much of it has been passed down since the 19th centuryOver half of the top 100 private landowners in the US have held the bulk of their property for at least two generations.
Read more »
Nations targeted by U.S. for high rates of visa overstays account for small number of violatorsThe focus on countries with double-digit rates leaves out nations with the largest numbers of violators, among them Brazil, Venezuela and China.
Read more »
U.S. biofuel trade group asks judge to halt new EPA small refinery waivers: documentsA U.S. biofuels trade group asked a federal court on Wednesday to stop the Envir...
Read more »
A Small Town Takes a Stand: It Banned GossipNeighborhoods in a town in the Philippines pass anti-gossip ordinances; ‘you’d think people would have something better to do’
Read more »
'Avengers: Endgame' Features Marvel's First Openly Gay Character In A Small Role“Representation is really important,” Joe Russo said. Warning: Very minor spoiler ahead.
Read more »