This year's turbulent market was yet another reminder of the power of portfolio rebalancing for risk reduction.
Morningstar style indexes reveal market divergence and opportunity.
With bond yields near zero, traditional 60/40 allocations won't work as well as they did in the past.
Restaurants and bars account for most of the surprising increase in jobs; our thesis holds that the long-term trend in GDP will not be significantly altered by the coronavirus.
Market crashes dampen--but don’t eliminate--the long-term appeal of stocks.
The currency headwinds for unhedged equity exposure won't continue forever.
Easy returns have been made; the focus now turns to selecting specific undervalued stocks.
Investors should consider the interconnections between markets.
We look at the fiscal and monetary policies recently deployed amid the coronavirus pandemic to see what's working and what else needs to be done.
Near-term economic contraction is being overshadowed by positive news in the fight against COVID-19 and expected economic recovery in the second half of 2020.
Security selection and investment process helped these strategies navigate markets turmoil.
Investors' focus has shifted this week to earnings reports and economic metrics in order to decipher how quickly a recovery can evolve.
Oil prices languish while gold shines, but for long-term investors, we see value in energy companies over gold miners.
The managers at Oakmark have dug through the market's rubble. Here's what they bought.
They've led to a $1.6 trillion increase in Federal Reserve assets over the past month to $5.8 trillion.
We see ample opportunities for long-term investors.
The Fed is using lessons learned in 2008 to help alleviate the near-term financial and economic impact of COVID-19.
Only U.S. Treasuries have been able to generate gains as the severe widening across credit spreads on risky assets has led to losses across the rest of the fixed-income universe.
Except for when the market was broken in 2008, corporate bonds are trading at their widest credit spreads and lowest dollar prices over the past 20 years.
Why aren’t U.S. Treasury bonds and precious metals providing the refuge they usually do?
Morningstar’s mission is to empower investor success, and we are committed to weathering this storm with all investors.
These names are all significantly undervalued by our standards after the market rout.
Managers from Dodge & Cox, Oakmark, and Diamond Hill have picked up healthcare companies, energy concerns, and an online travel agent.
Managers from Oakmark, Diamond Hill, and BBH have taken new positions in a beer business, a telecom, and one of the world’s largest consumer product companies.
Managers from Dodge & Cox, Diamond Hill, Oakmark, and BBH bought energy companies, an online retailer, and a premium spirits producer--among others--last quarter.
With the range of outcomes from Brexit remaining broad, stay focused on the big picture.
This is what Morningstar.com members were reading, watching and researching last year.
Managers from Dodge & Cox, BBH, and American Century picked up a few wide- and narrow-moat stocks last quarter.
Managers of Gold-rated from Oakmark and Diamond Hill picked up an IT service company, a discount brokerage, and an alcoholic beverage maker, among others, last quarter.
Probably not, says contributor John Waggoner. But perhaps more importantly, the concept is being redefined by active money managers.
No one knows what's next for stocks, but records can be a good time to double check your plan.
Managers from Artisan, Dodge & Cox, and Fidelity picked up a consumer staples company, banks, and a Canadian railroad, among others last quarter.
Contributor John Waggoner explores where we are in the economic cycle and what sectors may be poised to profit.
Managers from Oakmark, Dodge & Cox, and BBH picked up healthcare names, telecoms, and a hotelier among others last quarter.
With parts of Dodd-Frank rolled back, some banks should be able to boost their earnings. Will their stock prices follow?
Managers from Dodge & Cox, Diamond Hill and Oakmark bought drug manufacturers, chipmakers, and Facebook, among others, last quarter.
The Trump administration's delayed infrastructure plan aside, there's plenty to like about this sector today.
Innovation and demand dynamics should bolster the sector long-term -- and there are bargains to be had.
With bond yields rising, some wonder if the era of ultralow rates is coming to an end--and what that means for stocks.
Managers from Oakmark, American Century and Diamond Hill picked up airlines, health-care companies, and an industrial distributor in the fourth quarter.
M&A activity is heating up in sector. Here's where investors can find opportunity.
For the first time since the recession, all OECD-tracked countries are growing at the same time. And that presents opportunities.
Modest gains, higher volatility, and the potential for a market shock could all be in store for the coming year.
The gaming industry is healthier than ever--and growth is expected to continue.
Managers from Aberdeen, Matthews, and Oakmark have bought shares of Chinese Internet companies, a global ad agency, and a cable giant.
While there are few pure-play options and valuations are high, experts say it’s wise to pick your spots now.
Managers from American Century, ClearBridge, and Blackrock have picked up energy stocks, IT plays, and an underappreciated retailer.
Managers from BBH, Dodge & Cox, and Oakmark picked up a grocer, healthcare companies, and--somewhat surprisingly--Netflix last quarter.
As the debate over tax reform heats up, some firms (including Morningstar) are incorporating a lower tax rate into their pricing assumptions.
Medalist managers from Blackrock, JPMorgan, and T. Rowe Price have scooped up shares of Mattel, General Electric, and UPS.