Although inflation has ticked up from 2013 levels, it remains below its historical average and a long way from a worrisome level, says Morningstar's Bob Johnson .
Consumer savings rates are great leading indicators for future consumption, and the current savings rate has increased appreciably in the last few months.
Despite some weak headline numbers, this week's economic data show ongoing year-over-year improvement, but they still don't change Morningstar's Bob Johnson's GDP outlook.
In this special one-hour presentation, Morningstar experts share their takes on how investors can navigate a world with slightly overvalued stocks, an uncertain interest-rate environment, and a slow-growing economy.
More small-business hires, a better mix of job openings, and the potential for wage growth--while positive trends--won't change Morningstar's Bob Johnson's GDP forecast.
A shrinking working-age population in the U.S. might be good for the employed but a drawback for corporations.
Given the dramatic downward revision in first-quarter GDP this week, it will be mathematically difficult to hit 2% growth for the full year, but more revisions may be coming, says Morningstar's Bob Johnson .
Consumers' net worth has improved dramatically since the recession, but that doesn't mean everybody is feeling wealthier, says Morningstar's Bob Johnson .
A sharp downward revision to first-quarter GDP will have many economists reaching for their erasers, but I'm taking a wait-and-see approach, writes Morningstar's Bob Johnson .
Morningstar's Bob Johnson says the wage-growth number could be the most important component for investors to focus on in Thursday's jobs report.