Salient to Investors:
John Manley at Wells Fargo Advantage Funds said valuations are far from excessive.
Analysts expect S&P 500 Q4 profits to increase 2.9 percent.
The VIX has fallen 40 percent over the past 6 sessions, the biggest decline since November 2008.
Michael Riesner and Marc Mueller at UBS said the bull market in US stocks may end in 2013, followed by a drop of up to 30 percent by 2014.
Read the full article at http://www.bloomberg.com/news/2013-01-08/u-s-stock-futures-little-changed-before-alcoa-earnings.html.