Treasury Inflation-Protected Securities, or TIPS, had already been doing well in the New Year after returning almost 14% in 2011, according to the Barclays Capital U.S. TIPs Index. The asset class got a further boost last week after the Federal Reserve not only extended the period of time it is lik…
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.