Inflows to fixed-income products continued in November on account of market-volatility worries, while equity outflows this year could surpass 2008 levels.
Pensions and other post-retirement benefits will continue to be a growing concern for municipal governments and muni investors for years to come, says Morningstar municipal credit analyst Rachel Barkley.
Morningstar's Shannon Zimmerman recaps how stock and bond funds have performed across categories this year and offers guidance on what investors should look for in 2013.
Investors should prepare to ride through a rough patch as the impending 2013 debt ceiling becomes a bargaining chip in Washington's deficit debate.
Don't swap your whole fixed-income position for dividend-paying stocks.
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