Weekly Wrap: What to Know About Robinhood, the Target-Date Landscape, and Inflation
We recap the week on Morningstar.com and note the most popular stocks, funds, and exchange-traded funds.
Editor's note: Read the latest on how the coronavirus is rattling the markets and what investors can do to navigate it.
By the end of trading on March 23, 2020, U.S. stocks had lost more than a third of their value in 33 days. The market was chaotic. We all wondered how long the coronavirus bear market would last. Of course, no one knew for sure. But based on prior bear markets, many experienced market watchers thought it would be awhile before stocks could recover--and they thought stocks would only bounce back after the global economy showed signs of life.
Then a funny thing happened on March 24: Stocks soared. And although there were some setbacks along the way, stocks in general continued to climb. Despite the pandemic. And civil unrest. And political uncertainty. In the history of market crashes, the coronavirus bear market was the shortest.
So, here we are, one year after the market bottom. Not only have stocks recovered: The U.S. stock market has set new records. Who could've imagined, one year ago, that people would be investing stimulus dollars in stocks? That cryptocurrencies and SPACs would knock the coronavirus and the economy off financial media's digital front page? And that the term "short squeeze" would be uttered around dinner tables across the country? Looks like we've traded one wild market for another.
Editor's Picks Should You Be Worried About Inflation? And how to make inflation "personal." The Morningstar Rating for Funds: What to Know Sometimes past performance is indeed predictive, and then so is the star rating. 3 Key Developments in the Target-Date Landscape Our 2021 paper reveals new trends. Robinhood: What to Know Before It Goes Public A look at how the trading app makes money, its competition, and its growth potential. 10 Stocks to Own These names are widely held among some of our favorite concentrated-fund managers. Invest for Short- and Intermediate-Term Goals For goals that are close at hand, how do you balance loss aversion with return potential?
Did GameStop Put Congress on the Right Track to Improving Trading Regulation? We lay out the trade-offs of various proposals.
Portfolio Planning and Personal Finance With Christine Benz We Need to Talk About Risk in Your Short-Term Portfolio We explore the perils of holding too much in stocks for goals that are within reach. The Demise of the Stretch IRA Other solutions to keeping it all in the family. Should You Be Worried About Inflation? And how to make inflation "personal." How to Avoid Bubble Trouble in Your Portfolio Dodge toil and trouble by keeping an eye on your retirement date.
Mutual Funds and Exchange-Traded Funds Munis in the Year of COVID A recap of 2020's roller-coaster ride in the muni markets and questions about what comes next. Best TIPS for You Advice for inflation protection. Vanguard's Fine Target-Date Retirement Series The original low-cost choice is still a cut above most peers. Is Value Investing Back for Good? Here are a couple of fund ideas in case your portfolio is light on that side of the style box.
Stocks Why Is U.S. Midstream Still Undervalued? It's been left behind in the runup in energy prices, and here's why. Our Ultimate Stock-Pickers' Top 10 Dividend-Yielding Stocks A majority of the top 10 dividend-yielding names are undervalued. Stock Analyst Notes Adobe Reports Impressive Results; FVE Raised to $520 We see strength on all fronts of quarterly performance. New customer engagement levels remained strong and activity on adobe.com remains elevated as a result of the extended remote work environment. As software has lagged early in 2021, we see shares as increasingly attractive. Astra Posts Solid U.S. Phase 3 Data for Vaccine The wide-moat firm's vaccine showed a solid 79% efficacy level in preventing symptomatic COVID-19, which was better than we had expected.
Rekenthaler Report Protecting Against an Expensive Market A column from the archives on value investing, emerging-markets stocks, and preferred stocks.
Advisor Insights Advisors Should Be Talking About Student Loan Debt Just because someone is wealthy enough to afford an advisor does not mean that student loans aren't an issue.
The Long View Podcast Bill Schultheis: GameStop Saga Both Fascinating and Tragic The financial advisor and author on the best ways for young investors to get started. Ted Seides: 'How Do You Learn to Listen?' The author and "Capital Allocators" podcast host discusses his new book, the various guests he has interviewed, and the reason why he shared his portfolio with the world.
The Short Answer The '-flations' in Finance What is inflation, deflation, disinflation, and stagflation?
Commentary Sustainalytics: 10 Investing Themes for 2021 Investing with global sustainability in mind.
Most Requested Stock Quotes Apple Microsoft Amazon.com Tesla AT&T
Most Requested Fund Quotes Vanguard Dividend Growth Vanguard 500 Index Dodge & Cox Fidelity 500 Index Vanguard Total Stock Market Index
Most Requested ETF Quotes ARK Innovation ETF Vanguard High Dividend Yield ETF Vanguard S&P 500 ETF Vanguard Total Stock Market ETF Invesco QQQ Trust