A flexible approach to international allocation sounds good in theory, but it doesn't always pay off in practice.
As Election Day nears and the coronavirus vaccine trials continue, headlines may lead to volatility, but we expect economic rebound to keep on.
The order in which returns unfold over time can either help or hurt.
The tech-focused index has hit record highs this year before a rough patch in September. How are its biggest companies valued after recent volatility?
U.S. stock funds leading the rebound share a common trait: Morningstar Risk ratings of High.
A more disciplined investment approach can help investors avoid bad outcomes.
A systematic investing approach doesn't usually improve returns, but it can help in certain situations.
Market sells off as overvalued technology stocks retreat, whereas energy still looks cheap.
A more disciplined approach should lead to better results.
After adjusting our fair value estimates, both stocks still look rich.
The order of when things happen has implications for retirement savers, too.
The order of when things happen can be your friend or foe.
Morningstar indexes spotlight rising equity income streams.
The price of gold looks good this year, but the precious metal's longer-term track record is mixed.
Make sure to consider downside risk and volatility.
As the fears that drove credit spreads to their widest levels in 20 years failed to materialize, corporate credit spreads tightened meaningfully throughout the second quarter.
This year's turbulent market was yet another reminder of the power of portfolio rebalancing for risk reduction.
Morningstar style indexes reveal market divergence and opportunity.
With bond yields near zero, traditional 60/40 allocations won't work as well as they did in the past.
Restaurants and bars account for most of the surprising increase in jobs; our thesis holds that the long-term trend in GDP will not be significantly altered by the coronavirus.
Market crashes dampen--but don’t eliminate--the long-term appeal of stocks.
The currency headwinds for unhedged equity exposure won't continue forever.
Easy returns have been made; the focus now turns to selecting specific undervalued stocks.
Investors should consider the interconnections between markets.
We look at the fiscal and monetary policies recently deployed amid the coronavirus pandemic to see what's working and what else needs to be done.
Near-term economic contraction is being overshadowed by positive news in the fight against COVID-19 and expected economic recovery in the second half of 2020.
Security selection and investment process helped these strategies navigate markets turmoil.
Investors' focus has shifted this week to earnings reports and economic metrics in order to decipher how quickly a recovery can evolve.
Oil prices languish while gold shines, but for long-term investors, we see value in energy companies over gold miners.
The managers at Oakmark have dug through the market's rubble. Here's what they bought.
They've led to a $1.6 trillion increase in Federal Reserve assets over the past month to $5.8 trillion.
We see ample opportunities for long-term investors.
The Fed is using lessons learned in 2008 to help alleviate the near-term financial and economic impact of COVID-19.
Only U.S. Treasuries have been able to generate gains as the severe widening across credit spreads on risky assets has led to losses across the rest of the fixed-income universe.
Except for when the market was broken in 2008, corporate bonds are trading at their widest credit spreads and lowest dollar prices over the past 20 years.
Why aren’t U.S. Treasury bonds and precious metals providing the refuge they usually do?
Morningstar’s mission is to empower investor success, and we are committed to weathering this storm with all investors.
These names are all significantly undervalued by our standards after the market rout.
Managers from Dodge & Cox, Oakmark, and Diamond Hill have picked up healthcare companies, energy concerns, and an online travel agent.
Managers from Oakmark, Diamond Hill, and BBH have taken new positions in a beer business, a telecom, and one of the world’s largest consumer product companies.
Managers from Dodge & Cox, Diamond Hill, Oakmark, and BBH bought energy companies, an online retailer, and a premium spirits producer--among others--last quarter.
With the range of outcomes from Brexit remaining broad, stay focused on the big picture.
This is what Morningstar.com members were reading, watching and researching last year.
Managers from Dodge & Cox, BBH, and American Century picked up a few wide- and narrow-moat stocks last quarter.
Managers of Gold-rated from Oakmark and Diamond Hill picked up an IT service company, a discount brokerage, and an alcoholic beverage maker, among others, last quarter.
Probably not, says contributor John Waggoner. But perhaps more importantly, the concept is being redefined by active money managers.
No one knows what's next for stocks, but records can be a good time to double check your plan.
Managers from Artisan, Dodge & Cox, and Fidelity picked up a consumer staples company, banks, and a Canadian railroad, among others last quarter.
Contributor John Waggoner explores where we are in the economic cycle and what sectors may be poised to profit.
Managers from Oakmark, Dodge & Cox, and BBH picked up healthcare names, telecoms, and a hotelier among others last quarter.