In today’s episode, Jack Shannon, equities strategies senior analyst for Morningstar Research Services, talks about why active fund managers seemed to repeat the same mistakes.Why did you decide to analyze these two investing periods?Examples of the market chasing companies pursuing growth at any cost What do you think drove active fund managers to snap up growth stocks as valuations skyrocketed?How can individual investors spot a bubble?Tech Bubble damageWhat surprised you when you compared the Dot-Com and Tech Bubbles?How did the interest rate environments play a role?  Read about topics from this episode.  For Growth Managers, History Repeats ItselfWant to Invest Successfully? Quit Trying to Make Sense of It  What to watch from Morningstar.What to Do as Recession Fears Grip InvestorsJust Where’s the U.S. Economy Headed?Active ETFs Take Off –– 3 Ideas for InvestorsBerkshire Hathaway: 4 Questions and 5 Cheap Stocks  Read what our team is writing:Ivanna HamptonJack Shannon Follow us on social media.Ivanna Hampton on Twitter: @IvannaHamptonFacebook: https://www.facebook.com/MorningstarInc/Twitter: https://twitter.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

In today’s episode, Mark Miller, a Morningstar contributor, and author of “Retirement Reboot,” discusses the debate over whether HSAs are the right path to expand affordable healthcare.Home Depot Gets HitInvestors Should Wait on TargetWalmart Wows in Economic Environment  Shopping for a 529 Plan?HSA Boost in 2024New HSA ContributionsHSAs May Work Best as Tax SheltersUsing HSAs in New WaysPaths to Healthcare CoverageHow To Recession-Proof Your Portfolio Read about topics from this episode.  Walmart Earnings: Solid Sales as Chain Benefits from Consumers’ Focus on ValueTarget Earnings: Theft, Mix Weigh on Earnings, but Distribution Improvements Should Help in Long TermHome Depot Earnings: Tough Macro Environment Weighs on Sales Momentum529 Tax Benefits: How Does Your State Stack Up?HSAs May Work Best as Tax SheltersWhat’s the Best-Performing Asset Type During a Recession? What to watch from Morningstar.Just Where’s the U.S. Economy Headed? Active ETFs Take Off –– 3 Ideas for InvestorsBerkshire Hathaway: 4 Questions and 5 Cheap StocksMorningstar Investment Conference: Recession Risks and the Markets  Read what our team is writing:Ivanna HamptonMark MillerChristine Benz Susan Dziubinski  Follow us on social media.Ivanna Hampton on Twitter: @IvannaHamptonFacebook: https://www.facebook.com/MorningstarInc/Twitter: https://twitter.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/ 

In today’s episode, Preston Caldwell, senior U.S. economist for Morningstar Research Services, discusses the U.S. debt ceiling, banking sector crisis, and strong jobs market.IntroductionDisney’s Disappointing Fiscal Q2 PayPal Strong Start to 2023Shopify’s Stellar Quarter Talk about where it looks like inflation is headed.  -What are your thoughts on whether we're headed toward an 11th interest rate hike or a pause?What's happening in the jobs market?What is the debt ceiling and how does it work?Are there any other areas that people should be looking out for if debt default were to happen?What kind of fallout will recent bank failures have on the economy?3 Inflation-Fighting ETFsRead about topics from this episode.  Disney Earnings: Smaller Streaming Losses Are Nice, but Subscriber Growth Needs ReinvigoratingPayPal Earnings: Growth Picks Up, Strong Margin ImprovementShopify Earnings: Strong Results as Revenue and Profitability Top ExpectationsFed’s Powell Hints at—but Doesn’t Commit to—a Pause After the Latest Rate HikeWhen Will the Fed Start Cutting Interest Rates?What Will the Upcoming GDP Report Show About the U.S. Economy? What to watch from Morningstar.Active ETFs Take Off –– 3 Ideas for InvestorsBerkshire Hathaway: 4 Questions and 5 Cheap StocksMorningstar Investment Conference: Recession Risks and the MarketsPlanning to Retire Soon? Flexibility and Spending Count Read what our team is writing:Ivanna HamptonPreston CaldwellDaniel Sotiroff Follow us on social media.Ivanna Hampton on Twitter: @IvannaHamptonFacebook: https://www.facebook.com/MorningstarInc/Twitter: https://twitter.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

In today’s episode, Bryan Armour, director of passive strategies research for North America for Morningstar Research Services, discusses what costs can tell investors about a fund’s success.IntroductionApple outperforms in iPhone and servicesSoFi Technolgies benefit from more deposits and rising interest ratesFord's first-quarter earnings beat estimatesCoinbase’s losses narrowThe Active ETF boom & 3 investment ideasBest Practices for Tax-Efficient Portfolio Management Read about topics from this episode. Apple Earnings: Hardware Headwinds Look Ominous; Stock Overvalued Versus $150 Fair Value EstimateSoFi Earnings: Deposit Growth Drives Net Interest Income Higher, but Growth Slows SequentiallyFord Earnings: Strong Year-Over-Year Improvement and a Cash-Rich Balance Sheet Are Good to SeeReducing Fair Value Estimate for CoinbaseThe New Frontier of Active InvestingMichael Kitces: How Higher Yields Affect Asset Allocation and Retirement Planning What to watch from Morningstar.Berkshire Hathaway: 4 Questions and 5 Cheap StocksMorningstar Investment Conference: Recession Risks and the MarketsPlanning to Retire Soon? Flexibility and Spending CountWhere Can the Automotive Industry Go From Here?: Part Two  Read what our team is writing:Ivanna HamptonBryan Armour Follow us on social media.Ivanna Hampton on Twitter: @IvannaHamptonFacebook: https://www.facebook.com/MorningstarInc/Twitter: https://twitter.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/  

In today’s episode, Gregg Warren, a senior stock analyst for Morningstar Research Services, talks about Berkshire’s excess cash and whether the firm’s class B stock is a buy. Timestamps:Facebook and Instagram parent Meta has reported first-quarter growth.Microsoft reported a strong fiscal third quarterE-commerce and advertising growth drove Amazon's first-quarter results.Southwest Airlines’ first quarter results arrived as expected.Berkshire Hathaways' annual meetingsWhat are you listening for at this weekend's meeting?Charlie Munger issued a warning about commercial property loans Do you see Munger and Buffett doing something during this banking crisis?What has Warren Buffet done during past recessions and what can investors learn from him?Berkshire Hathaway stocks offer two types, Class A and Class B. What are the similarities and what are the differences?What are a few stocks in Berkshire's portfolio that Morningstar considers undervalued?4 Great Dividend Funds Read about topics from this episode.  Meta Earnings: Reels Monetization Becoming a Reality While Network Effect Remains IntactMicrosoft Earnings: All-Around Strength, Including Azure, Demonstrates ResiliencyAmazon Earnings: E-Commerce and Advertising Drive Good Quarter While AWS Decelerates FurtherSouthwest Airlines Earnings: Pivots Some Capacity and Takes Unit Cost Hit, Most of It Is TemporaryIs Berkshire Hathaway Stock a Buy Today?10 Questions for Berkshire Hathaway’s 2023 Annual Meeting What to watch from Morningstar.Morningstar Investment Conference: Recession Risks and the MarketsPlanning to Retire Soon? Flexibility and Spending CountWhere Can the Automotive Industry Go From Here?: Part TwoWhere Can the Automotive Industry Go From Here?: Part One  Read what our team is writing:Ivanna HamptonGreggory Warren  Follow us on social media.Ivanna Hampton on Twitter: @IvannaHamptonFacebook: https://www.facebook.com/MorningstarInc/Twitter: https://twitter.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/ 

In today’s episode, Russ Kinnel, director of manager research for Morningstar Research Services, and Tom Lauricella, chief markets editor for Morningstar Inc., discuss several conference themes, including the banking crisis, bonds, and growth stocks.What was the overall sentiment about the markets and risks of a recession? Highlights from PIMCO’s Dan Ivascyn’s viewpoint on bonds Growth stocks outlook Insights from Schwab’s Liz Ann Sonders on global challenges’ impacting marketsTakeaways from Former U.S. Treasury Secretary Larry Summers on banking crisis, soft landing, and debt ceiling debate International stocks outlook Highlights from NYU finance professor Aswath Damodaran on ESG and calls for improvement Lessons from dot-com bubble and financial crisis that could apply today What themes emerged from the conference?What surprised you at the conference this year?  Read about topics from this episode.  When Will the Fed Start Cutting Interest Rates?Climate Tech Opportunities Attract Investors Should You Be Worried About the Health of Social Security? Don’t Fight the Fed Social Security Planning for Married Couples What’s Ahead for Vanguard in 2023 7 Cheap EV Supply Chain Stocks What’s Ahead for BlackRock in 2023   What to watch from Morningstar.Planning to Retire Soon? Flexibility and Spending CountWhere Can the Automotive Industry Go From Here?: Part TwoWhere Can the Automotive Industry Go From Here?: Part OneHow Do Vanguard’s Target-Date Funds Stack Up?  Read what our team is writing:Ivanna HamptonTom LauricellaRussel Kinnel  Follow us on social media.Russel Kinnel on Twitter: @RussKinnelIvanna Hampton on Twitter: @IvannaHamptonFacebook: https://www.facebook.com/MorningstarInc/Twitter: https://twitter.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/ 

In today’s episode, Leslie Norton, Morningstar Inc’s editorial director for sustainability, talks about Earth Day 2023 and sustainable investing.  JPMorgan Chase’s Profits Look StrongDelta’s Soaring Operating CostsWarner Bros. Releasing “Max”Investment in Climate TechThe Inflation Reduction Act and Greenhouse Gas EmissionsCarbon Tech’s Record-Breaking YearTough Market Climate for Climate TechWhat Should Investors Know About Sustainable Investing and Earth Day?Earth Day 2023 coverage on Morningstar.com  Can You Retire Soon? Read about topics from this episode.  JPMorgan Beats Earnings, Grows Deposits, and Raises Revenue Outlook.Warner Bros. Discovery’s Has In-Line End to 2022 Delta Earnings: Postpandemic Wanderlust and Pinched Capacity Offer a Rare Opportunity for AirlinesEarth Day 2023: 3 Food and Agriculture Stocks to Add to Your Shopping Basket  Earth Day 2023: Can’t Plant a Tree? These 2 Lumber Stocks Score High on Sustainability  Earth Day 2023: 6 Top-Rated Funds From Sustainable-Investing Pioneers  Earth Day 2023: What to Know About Carbon-Capture Technologies How Worried Should New Retirees Be About Market Losses and High Inflation?What’s a Safe Withdrawal Rate Today? What to watch from Morningstar.Where Can the Automotive Industry Go From Here?: Part Two Where Can the Automotive Industry Go From Here?: Part OneHow Do Vanguard’s Target-Date Funds Stack Up?Why the Nasdaq 100 Isn’t a Particularly Good Investment  Read what our team is writing:Ivanna HamptonLeslie Norton  Follow us on social media.Leslie Norton on Twitter: @leslienortonnycIvanna Hampton on Twitter: @IvannaHamptonFacebook: https://www.facebook.com/MorningstarInc/Twitter: https://twitter.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/ 

In this two-part episode, Dave Whiston, U.S. autos equity analyst for Morningstar Research Services, discusses the industry’s outlook and two cheap stocks.  Reasons to be optimistic about U.S. auto demandHow are automakers going to convince people to buy or lease a new car?Will the trend of new car loan terms stretching out continue?Why drivers are now favoring crossovers and SUVs over sedansTesla vs. GM electric vehicles GM is calling itself an auto tech companyCheap Auto Stock Picks Read about topics from this episode.  4 Auto Stocks to Buy in 20235 ESG Risks and 5 Bargains in Auto StocksIs Tesla Stock a Buy or Sell Right Now? What to watch from Morningstar.Where Can the Automotive Industry Go From Here?: Part OneHow Do Vanguard’s Target-Date Funds Stack Up?Why the Nasdaq 100 Isn’t a Particularly Good InvestmentWhere to Invest: Stocks or CDs?  Read what our team is writing:David WhistonIvanna Hampton Follow us on social media.Ivanna Hampton on Twitter: @IvannaHamptonFacebook: https://www.facebook.com/MorningstarInc/Twitter: https://twitter.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/ 

In this two-part episode, Dave Whiston, U.S. autos equity analyst for Morningstar Research Services, discusses the industry’s outlook and two cheap stocks.  00:11 Introduction00:42 Themes in the auto industry for 202301:28 Where does auto inventory stand now?03:21 Which automakers took the brunt of this inventory drop?05:37 When are used car prices expected to come down?09:06 Recommendations for car buyers09:51 What’s the trickledown effect on leasing?11:29 Could we see an auto bubble?13:46 The auto industry recession 17:36 Where can the U.S. auto industry go from here?  Read about topics from this episode.  4 Auto Stocks to Buy in 2023 5 ESG Risks and 5 Bargains in Auto Stocks How to Navigate a Recession  What to watch from Morningstar.How Do Vanguard’s Target-Date Funds Stack Up? Why the Nasdaq 100 Isn’t a Particularly Good Investment Where to Invest: Stocks or CDs? Is Berkshire Hathaway Stock a Buy After Rocky Results?  Read what our team is writing:David Whiston Ivanna Hampton Follow us on social media.Ivanna Hampton on Twitter: @IvannaHamptonFacebook: https://www.facebook.com/MorningstarInc/Twitter: https://twitter.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/  

In today’s episode, Seth Goldstein, equities strategist for Morningstar Research Services, discusses the global forecast for electric vehicle expansion.00:06 Introduction00:35 Cash App owner pushes back against fraud claims01:57 T. Rowe Price faces headwinds 02:56 Vanguard Dividend Growth’s manager to step down04:05 Investing in the battery electric vehicle supply chain08:00 Has Vanguard’s target-date fund series lost its edge?Read about topics from this episode.Short-Seller Hindenburg Claims Block’s Cash App Is Built on FraudT. Rowe Price Continues to Face Headwinds Created by a Rising Interest Rate EnvironmentVanguard Dividend Growth’s Longtime Manager to Step Down in 2024What to watch from Morningstar.Why the Nasdaq 100 Isn’t a Particularly Good InvestmentWhy the Banking Crisis Is a Big DealWhere to Invest: Stocks or CDs?Is Berkshire Hathaway Stock a Buy After Rocky Results?Read what our team is writing:Megan PacholokJason KephartFollow us on social media.Ivanna Hampton on Twitter: @IvannaHampton  Jason Kephart on Twitter: @JasonKephartFacebook: https://www.facebook.com/MorningstarInc/   Twitter: https://twitter.com/MorningstarInc   Instagram: https://www.instagram.com/morningstarinc/LinkedIn: https://www.linkedin.com/company/5161/