Any deal to avert the fiscal cliff will modestly hit the economy, but legislators won't allow the worst-case scenario--and subsequent recession--to happen, says Northern Trust chief economist Carl Tannenbaum.
Morningstar markets editor Jeremy Glaser unpacks the week's M&A news and consumer data to see who's in a buying mood.
PIMCO's Andrew Jessop sees opportunities with European and health-care high-yield bonds but also warns of likely lower returns beginning in 2013 given the recent runup.
Despite the European shock waves, fundamentals are intact in health care, and current prices look attractive, says Morningstar's Damien Conover.
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