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.
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.
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 .
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 .
As inflation, production, and housing statistics waffled this week, the Fed will maintain a long-term measured view and continue rolling up bond purchases.
Despite the Fed taper, a U.S. economy struggling to shake off the winter blues, and a slowing China, stocks continued their remarkable winning streak from April through June.
Steady U.S. retail spending and rebounding European and Chinese sales offer decent end-market outlooks for consumer cyclical companies, but the larger retail spending environment remains uncertain around the world.
Morningstar experts discuss how they're taking on one of the biggest financial challenges families face today.
UPDATE: Yellen arrives at a cross roads, and it's decision time