The European debt crisis will likely continue to cast a shadow on the markets in the coming year, with a full solution to those problems unlikely to emerge in 2012, a panel of investment executives from BlackRock, Lord Abbett and Pacific Investment Management Company said Monday.

“We do not see a resolution this year. In some sense, there isn’t a resolution,” Bob Doll, chief equity strategist for fundamental equities at BlackRock, said.

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