It has been quite the ride for the globe’s equity markets. The combination of the relentless political tug-of-war on both sides of the Atlantic, the eurozone’s futile struggle to stabilise its periphery and the global economic recovery’s loss of momentum has knocked market confidence off its feet. It would be perfectly understandable for many investors to still feel dizzy. The key to remaining level headed, a number of managers, advisers and individual investors have told Morningstar over the past few weeks, is to not panic and to consider the buying opportunities such market conditions could create. As European debt troubles and sluggish economic growth may be here to stay, however, looking for value becomes a sophisticated exercise.
Listed below is an array of interviews with Morningstar experts and seasoned fund managers, which paints a nuanced picture of the economic outlook for the U.S. and Europe, the pockets of investment opportunity on global markets and tips on good investment practices in such turbulent times. You can click on the titles and watch the interviews in Morningstar’s Video Centre.
Economic Analysis
Sri-Kumar: Europe in Recession in Next 6 Months The slowing German and French economies have escalated eurozone recessionary fears, and investors should have no holdings in European debt and equity, says TCW's Komal Sri-Kumar
Is the U.S. Economic Slowdown the Real Deal? Morningstar's Bob Johnson thinks the strength of consumer spending will determine if the recent bad economic news is a blip in the recovery or the start of another recession
Portfolio Management Tips
What to Make of the Market's Latest Swoon Morningstar's Christine Benz and Jeremy Glaser explore the recent stock market weakness and what investors should do about it
What Can Investors Do About This Sell-Off? Morningstar's Christine Benz explores the sectors that are holding up in the downturn and the best way for investors to put money to work today
Fund Manager Insights
Bogle: Speculation Is in the Driver’s Seat Aided by new technologies, short-term speculation is crowding out long-term investing in the marketplace, says Vanguard founder Jack Bogle
Gundlach: Treasuries Could Keep Rallying Treasury yields could head even lower if deficit-reduction measures further slow U.S. growth, according to DoubleLine's Jeffrey Gundlach
Motyl: Globally Focused Firms Are the Best European Bets Given the slowdown in European growth, firms that have strong global operations look like the best values today, says Templeton's Gary Motyl
Rekenthaler: Good Time to Buy on the Dip The issues surrounding the economy are very real, but investors can still find value in the market today, says Morningstar's John Rekenthaler
Stewart: U.S. Safe Port in the Storm Despite its problems, the United States remains more attractive to investors than Europe, according to Wasatch's Sam Stewart