The improving housing market will be a key contributor to growth in 2015, says Morningstar's Bob Johnson .
Although small-business hiring lagged in 2010-2011, it has picked up steam again and continues to be critical to overall economic health.
There is some improvement, but uncertainty looms, says Morningstar's Bob Johnson .
Recent indicators point to higher wages and an increase in job openings, while an uptick in tax collections led to a smaller-than-expected federal budget deficit.
This week's retail sales report was not so hot to stoke fears of Fed tightening, but not so cold to raise recession fears. Plus, Williams follows Kinder's lead, and more.
There are reasons to be pessimistic about this month's data but also plenty of signs that employment growth is still on track, says Morningstar's Bob Johnson .
Given the downward revision to March's report and slow GDP growth, employment looks set to be weaker in 2015 than it was last year, says Morningstar's Bob Johnson .
A growing over-65 population and a sharp decline in high school drop-outs have also been factors.
We continue to expect that high-yield bonds will provide better returns than investment-grade as underlying rates tick up and moderate economic growth holds down defaults.
Weather, imports/exports, and the energy situation weighed on first-quarter GDP, but the year-over-year quarterly improvement was among the best we've seen in the recovery, says Morningstar's Bob Johnson .