European Fund Managers Getting More Bullish

After a decade of bailouts, reforms, strikes, spending cuts and tax hikes, Europe’s economy is finally starting to look as if it’s back on a stable footing.  Even though there’s still plenty of work for lawmakers to do, preliminary data from Capital Economics shows that the region’s economy grew by 2.4% last year, which is faster than the 2.3% the research firm expects for the US. [munger] At the same time, confidence is soaring with economic confidence rising to a 17 year high in the 19 countries that use the euro according to a survey published by the European Commission…