Dan Kemp

In this engaging discussion, Amy Arnott, a portfolio strategist at Morningstar Inc., highlights the advantages of cash for short-term investing, especially in light of anticipated Fed interest rate cuts. She warns about the risks of long-duration bonds while offering practical strategies for investors. Dan Kemp, Chief Research and Investment Officer at Morningstar Investment Management Europe, analyzes Oracle's impressive AI-driven transformation and its implications for future market dynamics, urging investors to explore beyond mainstream tech names.

In this discussion, Amy Arnott, a portfolio strategist at Morningstar, and Dan Kemp, Chief Research Officer at Morningstar Investment Management Europe, dive into market insights for 2025. They explore why gold purchases are rising among central banks, the underperformance of small caps, and the reasons behind international stocks outpacing U.S. equities. Kemp highlights the 'Cockroach Hunt' in financial services and emphasizes identifying quality opportunities in the sector. Both guests advocate for a long-term investment strategy amid market volatility.

In this engaging discussion, Dan Lefkowitz, an Indexes strategist, delves into the factors leading to the dollar's significant fall and its impact on investors' portfolios. He emphasizes the importance of currency diversification and highlights the potential of international stocks amidst a shaky dollar. Meanwhile, Dan Kemp, Chief Research Officer, explores the stark optimism surrounding AI stocks and the opportunities hidden in undervalued sectors. Together, they illustrate how macroeconomic changes can shape investment strategies, making it crucial for investors to stay informed.

Dan Lefkovitz, a Morningstar Indexes strategist, shares insights on avoiding dividend traps, defining them as risky payouts tied to company fundamentals. He explores how Dow Chemical's unsustainable dividend led to a significant cut and highlights warning signs from other brands like Shell and Walgreens. Dan Kemp, Chief Research and Investment Officer, discusses the lagging performance of healthcare and consumer defensive sectors, attributing it to political challenges and high valuations. Both emphasize the importance of understanding portfolio fundamentals.

Dan Kemp, Chief Research and Investment Officer at Morningstar Investment Management Europe, and Brian Colello, Senior Equity Analyst focusing on semiconductors, delve into the key challenges facing investors. They discuss strategies to navigate market uncertainty, the massive spending on AI infrastructure, and the execution risks involved. Brian sheds light on NVIDIA’s performance and competition, specifically from China, while emphasizing the importance of long-term discipline. Their insights reveal a shifting investment landscape as we approach 2026.