Morningstar is reporting even if the economy is not off to the races, we think the stock market can do well in 2012.
Surprisingly little has changed since last quarter, with uncertainty around the European Union’s future continuing to depress stocks. We have seen only a modest improvement in valuations, as measured by the market-capitalization-weighted average price/fair-value of stocks under Morningstar coverage, which now stands at 85%, up from 78% at the end of the third quarter. Market volatility has
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