Sat, 23 Jul 2011
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Recent levels of inflation bumped up against the danger zone but should cool off over the next several months, says Morningstar's Bob Johnson.
China may be the proximate cause of the recent stock market carnage, but Morningstar's Bob Johnson doesn't see signs yet that the country's slowdown is having an impact on the fundamentals of the U.S. economy.
The Fed has played a key role in nudging the recovery along, but the taper of bond purchases won't torpedo the economy, says Morningstar's Bob Johnson.
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