The Latest Breaking News from Morningstar

Only money market funds and foreign funds recorded net purchases in the first nine months of this year, while the overall mutual fund industry reported net outflows of 230 billion baht as investors divested high-risk funds amid market volatility, says Morningstar Research (Thailand).

Megacap stocks -- those with market capitalizations of $200 billion and up -- have hit the skids this year.

Wood's Ark Innovation ETF has plunged 64% so far this year, and is down 78% from its February 2021 peak.

Some of these securities yield more than 6%, and a major preferred stock index has dropped 16% this year.

The economy shrank 1.6% in the first quarter and 0.6% in the second. And inflation hit 8.2% for the latest 12 months.

Morningstar put together list of the 'Thrilling 31' funds, screening for a number of factors, including returns.

Soaring interest rates and weak economic growth have dented Wood’s young, 'disruptive' technology companies.

The research firm came up with a list of the best companies to own based on ones to which Morningstar analysts assign a wide moat.

Bitcoin ETFs certainly failed at being a store of value — and turned out to be big losers this year so far instead. But at least they are not the absolutely worst asset you could buy.

Recession-resistant companies are usually financially healthy and very profitable, Morningstar said.

Stocks are trading 20% below fair value, according to Morningstar's estimates. So there are buying opportunities.