Although July's employment report looked better than recent months, the year-over-year growth trend is still range-bound. Morningstar's BobJohnson and VishnuLekraj outline what might help in the last five months of the year.
A doubling in housing starts off the bottom coupled with several knock-on effects from a stronger home market will give the economy a sustainable--but not explosive--boost, says Morningstar's BobJohnson .
Congress' last-minute deal cut the so-called fiscal cliff in half, lessening economic headwinds in the short term, but much work remains to address longer-term debt and deficit issues, says Morningstar's BobJohnson .
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