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Weekly Wrap: Bogle Sees Low Returns; Oil Cut No Game-Changer

Jack Bogle thinks investors should temper their return expectations, and the OPEC production cut is unlikely to drive prices much higher. Plus, a look at an undervalued and underappreciated financial firm.

Mentioned:

Jeremy Glaser: Can OPEC move the needle on oil; an undervalued financial firm; and what Jack Bogle sees the market returning, this time on the Morningstar Weekly Wrap.

OPEC surprised markets by tentatively agreeing to a production cut this week, but Morningstar's energy team is skeptical that this is a game-changer for oil prices.

Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.