The GMO chief strategist highlights the factors behind the market's bullish bias, abnormally high corporate earnings, current valuation levels, a slowdown in productivity, and the great paradigm shift in natural resources.
Morningstar director of economic analysis Bob Johnson will be keeping a close eye on these potential headwinds in the year ahead.
Recent levels of inflation bumped up against the danger zone but should cool off over the next several months, says Morningstar's Bob Johnson.
The Dodge & Cox Income manager discusses the fund's ongoing rate-risk mitigation, recent reduction in agency mortgages, and non-U.S. dollar-dominated picks.
Although ag machinery manufacturers may reap weaker 2014 results, we think Deere's narrow moat is intact.
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