Eurosclerosis Déjà Vu?

(1) Another summertime panic attack in Europe. (2) Draghi wants more reforms. (3) Europe’s arteries hardening again. (4) Introduction of the euro set the stage for current crisis in the Eurozone. (5) Bond yields approaching zero in Germany and France. (6) Eurozone’s weak recovery stalling as region remains officially in recession. (7) EMU MSCI forward revenues and earnings remain depressed. (8) Will the P/E-led rally continue? (9) ECB’s stealth QE. (10) Eurozone banks: To lend or not to lend? (11) “Stay Home” still outperforming “Go Global” ytd. (12) Weak numbers out of China and Japan. (13) Yellen testifies. (14) “Dawn of the Planet of the Apes” (+ +).