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The Market Is Richly Valued--Should You Worry?

Although a drawdown in the short term is a real possibility, investors should still see a 4.5% to 6% real return over the long run, says Morningstar's Matt Coffina.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser.

After some recent volatility, stock markets and major indexes are testing record highs again. I'm here today with Matt Coffina, editor of Morningstar's StockInvestor newsletter, to see what his take on valuation is and if any opportunities have opened up.