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While the U.S. struggles with education, entitlements, and the debt ceiling, the economy is following a modestly upward trend. But Europe's debt crisis is a long way from being resolved.
Need a backgrounder on Europe's debt crisis and why it's affecting U.S. markets? Here are some talking points to help you explain how the European Union operates, why the euro is in danger, and what the crisis could mean to clients' portfolios.
U.S. bankers foresee an incrementally improving housing market and stronger economy next year.
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