Thursday, July 31, 2014
Market News
Stocks plunged today after disappointing earnings news and concerns about Fed tightening.
Video Report
With economic growth stuck at 2%, jobs growth in July will likely slow from June’s upbeat number to something closer to the 12-month average, says Morningstar’s Bob Johnson.
Wide-Moat Investing
Recent decelerating revenue growth has disappointed investors but is a temporary phenomenon, says Morningstar StockInvestor editor Matt Coffina.
Morningstar Minute: Category Overview
Despite muted expectations for the high-yield space, Morningstar analyst Sumit Desai identifies two solid funds for investors seeking exposure.
Heard on the Boards
When and how have you provided monetary help to your family members, and when, if ever, have you drawn the line?
    Morningstar Minute
    Sector Update
    With over a million products stocked, these firms enjoy long-lasting competitive positions through cost advantages and the network effect.
      Morningstar Specialists
      Russ Kinnel: Fund Investing
      Index funds aren't the only vehicles suitable for taxable accounts, and Morningstar's Russ Kinnel offers three names that can help minimize the tax hit.
        Christine Benz: Real-life Finance
        Investors should avoid over-engineering an income-only portfolio and consider a total return approach to generating the income they need, says Vanguard's Fran Kinniry.
          Sam Lee: Rational Investing
          State Street's newly launched MSCI Quality Mix exchange-traded funds offer good value.
            Bob Johnson: Reading Indicators
            June CPI data showed some moderation, and consumers could see more price relief in the future, says Morningstar's Bob Johnson.
              Josh Peters: Dividend Investing
              Planned consolidation should contribute to better pricing power in this shrinking industry, but one name stands out among the rest.
                Rekenthaler Report
                Yes, they do affect retail funds.
                  Matt Coffina: Wide-Moat Investing
                  With the uptick in merger and acquisition activity, whether it be for tax-inversion or strategic reasons, investors should focus on the target company, which can benefit from the deal immediately, says Morningstar's Matt Coffina.
                    Stocks
                    Earnings News
                    With lower user time spent on its platform and user data collected, Twitter's ad revenue has constraints versus Facebook, and investors should moderate their expectations.
                    Real Life Finance
                    College Savings Radar
                    College remains a good long-term investment, but years of stagnant wages and student debt await recent graduates.
                      Mutual Funds
                      Fund Spy
                      Tactical target-date funds are outperforming those that don't zig when the market zags.
                        Perspectives
                        Perspectives: Schwab
                        Are the U.S. equity market's recent stumbles bumps in the road or something more serious?
                          ETFs
                          ETF Spotlight
                          China enthusiasts can now gain access to China's A-share market via ETFs.
                            Closed-End Funds
                            CEF Weekly
                            As rates grind lower, the opportunity set of high-yielding investments will shrink.
                              Bonds
                              Video Report
                              The risk of bank-loan defaults is muted at the same time investor demand for such products remains elevated, but this volatile asset class is not for near-term cash needs, says Fidelity's Eric Mollenhauer.
                                Market Barometer
                                Lg
                                Md
                                Sm
                                Value—Growth
                                Day Return
                                +1.25%
                                0
                                -1.25%
                                1Wk Return
                                +1.25%
                                0
                                -1.25%
                                1Mo Return
                                +4%
                                0
                                -4%
                                3Mo Return
                                +8%
                                0
                                -8%
                                1Yr Return
                                +20%
                                0
                                -20%
                                3Yr Return
                                +20%
                                0
                                -20%
                                1Wk1Mo3Mo1Yr3Yr
                                Market Consensus
                                NA
                                Actual
                                24.4%
                                Market Consensus
                                310K
                                Actual
                                302K
                                Market Consensus
                                2525K
                                Actual
                                2539K
                                Market Consensus
                                0.4%
                                Actual
                                0.7%
                                Market Consensus
                                61.8
                                Actual
                                52.6
                                Market Consensus
                                NA
                                Actual
                                88 bcf
                                Market Indexes
                                DJIA
                                16,563
                                -317.1
                                -1.9%
                                S&P 500
                                1,931
                                -39.4
                                -2.0%
                                NASDAQ
                                4,370
                                -93.1
                                -2.1%
                                Morningstar U.S. Market
                                4,868
                                -99.6
                                -2.0%
                                Morningstar Small Cap
                                7,309
                                -160.0
                                -2.1%
                                Commodity Futures
                                Gold
                                $1,283.50
                                0.17%
                                Aug 14
                                Light Crude
                                $98.03
                                -0.14%
                                Sep 14
                                Natural Gas
                                $3.82
                                -0.55%
                                Sep 14
                                Maturity
                                %Yield
                                6 Month
                                0.05
                                2 Year
                                0.53
                                5 Year
                                1.76
                                10 Year
                                2.58
                                30 Year
                                3.32
                                1 Yr Ago
                                Last Close
                                Data as of last close