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 .
Friday's employment report will likely bring another good, but not great, headline number; however, workers should finally see some wage growth, 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 .
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 .
New data show the U.S. manufacturing sector looking better, but don't expect a return to robust growth, 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 .
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 .