Home>A “New Normal” of Heightened Risk and Volatility
A “New Normal” of Heightened Risk and Volatility
Perspectives Content Submission
Fri, 14 Oct 2011
Last year at this time, we predicted a continued weak recovery and reiterated our belief that inflation and interest rates would stay lower longer than people expected. We also expected that we would remain in a heightened risk environment for some time with a very wide range of possible outcomes. …
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.
Market-driven rate declines and lower inflation should be an automatic stimulus to the economy, reducing the need for further Fed intervention, says Morningstar's Bob Johnson.