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Morningstar, Inc. (MORN)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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257.60+4.08 (+1.61%)
At close: 04:00PM EDT
257.60 0.00 (0.00%)
After hours: 04:00PM EDT
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  • Financial Times

    ETFs shine brighter than mutual funds after brutal first half

    ETF providers may find a silver lining after 2022’s brutal first half with some US investors who took significant losses in mutual funds during the period looking to transition their assets to ETFs, executives said. This is particularly true with fixed-income funds, which during the first six months of this year experienced the worst drawdown the products have seen in 30 years, executives said. Investors who have experienced huge gains in active bond mutual funds since the 2008-2009 financial crisis may have an opportunity to take losses in recent fund purchases, combined with embedded gains, and move that money into lower-cost options.

  • TheStreet.com

    People Still Drink and Smoke, Even in a Recession

    The economy's sagging. It shrank at an annualized rate of 0.9% in the second quarter, after a 1.6% contraction in the first quarter. And many experts believe the Federal Reserve's interest-rate hikes will throw us into recession.

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