The basic engine of U.S. economic prosperity has been the economy's tendency to innovate, which has not changed, and investors need to continue working past fears of the financial crisis, says economics professor Austan Goolsbee.
Rising interest rates have taken their toll, but as the Fed delays dialing back on stimulus, investors are poised to recapture some of their losses.
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Fidelity manager Bob Brown says the European financial crisis will take years to resolve and that a continuing flight to quality will allow U.S. government bonds to sustain their value.