Earnings Call Transcripts by Morningstar Inc.
Wed, 30 Jun 2010
Read the rest of this article on Earnings Call Transcripts by Morningstar Inc.
Westwood's Susan Byrne says the shop's funds have balanced lower-volatility health-care stocks with inflation-resistant energy names, while banking on a good history of dividend increases in both sectors.
With yield spreads back to pre-crisis levels, there is less room for error in the high-yield market today, says Morningstar director of fixed-income research Eric Jacobson.
As economic woes continue to make headlines, investors should tune out the macro noise and understand that good companies perform better in difficult times, says Sanibel Captiva's Pat Dorsey.
Every investor in their 60s should be prepared for the large possibility that they could experience a cognitive decline in their 80s, says Harvard professor David Laibson.
©2012 Morningstar Advisor. All right reserved.