Tax policy uncertainty and market volatility can have a meaningful impact on investment decisions. When markets hit their low point in March 2009, investors thought they had realized enough losses to last for their entire investment horizon. Markets significantly rebounded later in 2009 and in 2010…
The economy is improving, but sluggish manufacturing- jobs growth and still-weak lending and housing markets are keeping the recovery from typical levels, says Fed economist William Strauss.
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.