Morningstar director of economic analysis Bob Johnson addresses recent sluggishness in the economy and makes the case for better growth in the second half of the year.
In Session 1 of the 2013 Morningstar Individual Investor Conference, Northern Trust's Katie Nixon, Charlie Bobrinskoy of Ariel, and Morningstar's Bob Johnson tackle today's macro questions on government policy, economic growth, inflation, and more.
There is some improvement, but uncertainty looms, says Morningstar's Bob Johnson .
With most of the debt now being held by institutions, contagion is no longer a concern, says Morningstar's Bob Johnson .
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 .
Slowdowns in China and commodities are taking their toll, but Europe and the U.S. are still in growth mode, says Morningstar's Bob Johnson .
New and existing home sales and pricing data were positive this week, but a rush to beat rising rates may taper in a few months, says Morningstar's Bob Johnson .
As growth concerns linger in China and the U.S., central-bank policy in Europe appears to be having its desired effect, says Morningstar's Bob Johnson .
An acceleration in job openings, an uptick in housing prices, and a better-than-expected services reading fly in the face of recent economic doomsayers, says Morningstar's Bob Johnson .
If first-quarter GDP growth continues the previous quarter's weakness, recent accelerating job growth will be difficult to maintain, says Morningstar's Bob Johnson .