Morgan Stanley forecasts an 80% chance that municipal bonds will lose money again next year, primarily because of rising interest rates. Year-to-date through Tuesday, the average national intermediate-term bond fund is down 2.16%.
Retail goods are on sale, but Morningstar.com readers say that investments are looking pricey.
Asset location matters, but taxable accounts can be the way to go.
We're placing Macquarie Infrastructure Company Trust MIC under review while we fully digest its third-quarter earnings report filed on Thursday. We are also transferring coverage to another analyst.
September and third-quarter asset-flows data show that investors remain cautious of interest-rate risk and a fully valued stock market, and instead prefer nontraditional bonds and foreign equities.