Investors need to truly believe in a manager's skill level because as more dollars chase market inefficiencies, it becomes harder to outperform indexes, says AQR founder Cliff Asness.
Markets are very good with long-term price accuracy, but they are neither perfectly efficient, nor prone to regular bubbles, says the AQR founder.
A Morningstar Web seminar, hosted by Scott Burns and Ling-Wei Hew. Replay now available.
Tuesday, June 12, 4 p.m. EDT: Learn best practices for evaluating dividend-themed, low-volatility, bank-loan, emerging-markets debt, and other income ETFs in this live Web seminar hosted by Morningstar's Scott Burns .
In this yield environment, bonds may be moving from a risk reducer to a risk enhancer, says RiverFront's Michael Jones.
A closer look at the echo boom and younger generations requires investors to take a more balanced view on the potential future effect of demographics on the markets, says Schwab's Liz Ann Sonders.
The real mortgage rate--the nominal mortgage rate minus the rate of appreciation or depreciation in homes--is one of the most important housing statistics to watch, and it recently went negative again, says Schwab's Liz Ann Sonders.
Other countries that have stepped back from deficit brinks have faced pressure from the bond market, experienced a change of government, and delivered a mandate to truly deal with fiscal issues, says iShares BlackRock global chief investment strategist Russ Koesterich.
BlackRock iShares global head of investment strategy Russ Koesterich sees some parallels between the U.S. and the Roman Empire, but says our problems are fixable.
There is a much higher probability of at least temporarily going over the cliff than is appeared to be baked into stock prices, says BlackRock iShares global head of investment strategy Russ Koesterich.