Saturday, May 18, 2013
READING INDICATORS
A lower deficit is great longer-term news, but it could continue to hurt short-term data, writes Morningstar's Bob Johnson.
BOND VIDEO REPORT
Given valuations and where interest rates are headed, you don't want a lot of market risk now, says Eaton Vance Bond manager Kathleen Gaffney.
PERSPECTIVES: Research Affiliates
Does the apparent dearth of financial genius mean the investment industry is in crisis?
ETFs
Stocks
STOCK STRATEGIST
Three years later, it's clear that the BGI deal was a key factor in developing what we believe is the widest moat for any firm in asset management.
The Economy
Closed-End Funds
Real Life Finance
Mutual Funds
FUND TIMES
Also, Vanguard rolls out an emerging-markets bond fund, major portfolio manager departures at T. Rowe Price and FPA, Neuberger Berman to launch a China fund, and more.
    Morningstar Investment Conference Preview
    MORNINGSTAR CONFERENCE PREVIEW
    As investors debate the challenges of interest-rate and credit risks, they should also understand the role bonds play in their portfolios, says Morningstar's Sarah Bush.
    Perspectives
    PERSPECTIVES: Matthews Asia
    Japan’s new leaders are battling deflation and trying to jump-start its economy with a new determination. What, if anything, is different this time?
    Bonds
    BOND STRATEGIST
    The tale continues to be all about the Federal Reserve and its ongoing quantitative easing program, says Morningstar's Dave Sekera.
    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
    78.5
    Actual
    83.7
    Market Consensus
    0.3%
    Actual
    0.6%
    Market Consensus
    Actual
    Market Consensus
    NA
    Actual
    Market Consensus
    4.98M
    Actual
    Market Consensus
    Actual
    Market Indexes
    DJIA
    15,354
    121.2
    0.8%
    S&P 500
    1,667
    17.0
    1.0%
    NASDAQ
    3,499
    33.7
    1.0%
    Morningstar U.S. Market
    4,203
    42.5
    1.0%
    Morningstar Small Cap
    6,391
    70.1
    1.1%
    $1,361.00
    -1.88%
    May 13
    $96.02
    0.90%
    Jun 13
    $4.06
    3.20%
    Jun 13
    Maturity
    %Yield
    6 Month
    0.08
    2 Year
    0.26
    5 Year
    0.84
    10 Year
    1.95
    30 Year
    3.17
    1 Yr Ago
    Last Close
    Data as of last close