Growth in Europe may be slowing in the near term, but the longer-term outlook is still improving, driven by accommodative monetary policy and increased fiscal spending in Germany. Private companies in Germany are joining the investment drive, according to news reports, which could stimulate growth. We believe European stocks deserve a spot in investors' portfolios due to the combination of attractive valuations and improving growth. The eurozone economy grew a modest 0.4% quarter-over-quarter annualized in the second quarter, according to Eurostat, the statistical office of the European Union. The slowdown from the ... (full story)