Business Cycle Update: Steady Economic Environment Underpinned by Supportive Financial Conditions
Perspectives Content Submission
Thu, 14 Feb 2013
The U.S. economy remains in a mid-cycle expansion. The housing recovery continues to demonstrate solid momentum, while corporate earnings, sales, and capital spending growth have decelerated. Global economic growth is still slow but on an upswing, with monetary easing and improved financial conditi…
Morningstar senior fund analyst Christopher Davis sizes up performance and stewardship at the fund family and discusses some of his favorite Fidelity funds.
Relative to their categories, Fidelity's stock funds generally fared better than its fixed-income portfolios last year, but several funds in both camps have good long-term prospects.
Fidelity customers will now have commission-free access to 25 iShares ETFs, but investors shouldn't run for the exits of the firm's existing index mutual funds.