Having just stepped into the role, this veteran of the firm now oversees $3.8 trillion in assets in more than 300 mutual funds and exchange-traded funds.
Analyst at the money manager says high returns and low volatility are not normal.
Large-cap technology, consumer discretionary and health-care were the standouts in the first half.
"Tepid" is better than "awful."
Capitalizing on the growth opportunity in emerging markets takes more than just an investment in the conventional benchmark index.
They are cheap, but no panacea during a serious downturn.
Cash, alternatives, international all beckon, but all have pros and cons.
Some proactive planners are spelling out for clients the impact of a 10% or 20% correction.
Jeffrey Saut of Raymond James cites the earnings potential of S&P 500 companies as an indication the market can go higher.
But the category overall has seen lower returns this year.
Shares across Europe extended declines following new revelations about undisclosed contacts between Trump's campaign and the Kremlin.
But bonds raise more funds.
The market's moods are hard to read.
Equities are bullish on economic growth, while bonds take a more pessimistic view.
And their results don't get any better over the long term.
SPDR S&P 500 sees biggest inflow since 2014.
Some say it is critical for president to start outlining specifics on his pro-growth agenda to keep the rally going ​ 
Numbers don't lie, but boy can they be deceptive.
