October/November 2014
6
7
Dispatches
Contributors
Letter From the Editor
Letter From the Board
8
Closing the Gap
Phillips Curve
10
Financial Planning's Darkest Hour
13
Doing the Rope-a-Dope
16
The Real Advice Industry
Ivory Towers
Behavior Gap
18
Economic Outlook
U.S. Employment Jinx
20
The Global Financial Cycle
23
Americas
Greater Europe
Africa
Australia & New Zealand
Asia
Global Briefs
32
33
34
36
Spotlight
39
Volatility Strikes Back
Overused as a risk measure, volatility seeks
a new home in investors' long-term portfolios.
44
Playing Defense
3
Table of Contents for the Digital Edition of Morningstar Magazine - October/November 2014