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Austerity Suffers Death by a Thousand Cuts

Monday - 5/13/2013, 1:03am  ET

Austerity is losing its luster in Europe, as France and Germany battle over deficit reduction. But will the fight overseas affect investors in the United States?

In the following video, Fool markets analyst Mike Klesta talks with Fool contributor Dan Caplinger about the future of austerity and whether American investors should worry.

As budget battles brew in Europe, profiting from our increasingly global economy can be as easy as investing in your own backyard. The Motley Fool's free report "3 American Companies Set to Dominate the World" shows you how. Click here to get your free copy before it's gone.