Morningstar Advisor - August/September 2012 - (Page 3)

August/September 2012 Features Spotlight: Municipal Bonds Morningstar Conversation 52 Undiscovered Manager 60 Caution Is in the Wind The municipal-bond rally shows signs of wear and tear. 38 Unraveling the Mysteries of Money Chicago professors John Cochrane and Harald Uhlig debate money and economic policy during times of crisis. Small Companies Mean the World to Him Wasatch veteran Robert Gardiner starts a new firm but brings along his successful micro- and small-cap investing approach. Lessons From the Muni-Bond Rebound Investors should remember 2008’s historic downturn. 43 Municipal-Bond Landscape Shifts Correlation with Treasuries is climbing back to precrisis levels, which should concern muni investors. 46 Municipal Bonds 101 Safety and tax exemption are traditional hallmarks of asset class, but the market has many challenges. 49 A Tale of Two Cities An analysis of two obligors shows two municipalities at opposite ends of the credit spectrum. 3

Table of Contents for the Digital Edition of Morningstar Advisor - August/September 2012

Morningstar Advisor - August/September 2012
Letter From the Editor
How Much of the Behavior Gap Is Your Fault?
What’s Your View of the Muni-Bond Market?
A Balanced Life
How to Get to Know EMMA
A Strong, Robust Fund Business
Dividend Investing Abroad
Four Picks for the Present
Investment Briefs
Fund Expenses Through the Decades
Autos on Comeback Track
Lessons From the Muni-Bond Rebound
Municipal-Bond Landscape Shifts
Municipal Bonds 101
A Tale of Two Cities
Unraveling the Mysteries of Money
Small Companies Mean the World to Him
The Chinese Art Market and the Origin of Bubbles
The Myth of the Dumb Investor
Stocks That Can Stand the Heat
Our Favorite Mutual Funds
50 Most Popular ETFs
Undervalued Stocks With Wide Moats
The War on Savers

Morningstar Advisor - August/September 2012