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Market Overreacting to China News

The depth of the market sell-off isn’t justified by the data out of China, but that doesn't mean stocks look cheap today, says Morningstar’s Francisco Torralba.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm here today with Francisco Torralba--he is a senior economist at Morningstar Investment Management. We're going to get his take on the last few volatile days in the market, what he thinks is driving it, and where he sees valuations at the moment.

Francisco, thanks for joining me.