There's no shortage of concerns for investors, but a recent reprieve in Europe, decent domestic growth (relatively speaking), double-digit stock gains, and a reviving housing market are worth an ounce of appreciation.
There are good opportunities in Europe if you believe that the region's political leaders will be able to hold the euro together, says Seven Investment Management's Justin Urquhart Stewart.
European stocks are pricing in a real Armageddon, and if that Armageddon doesn't occur, you'll have fairly decent returns, says author Bill Bernstein.
Although there are pockets of overvaluation among dividend stocks, Invesco's Meggan Walsh also sees opportunity in today's environment, including consumer-staples names.
BMO Harris Private Banking is sticking to its cautiously optimistic 12-month outlook despite economic turmoil in Europe and anxiety over the much-discussed fiscal cliff.
©2012 Morningstar Advisor. All right reserved.