According to John W. Rogers, Jr., "I'd say we're in the fifth inning of this recovery."
In this broadcast, John W. Rogers, Jr. candidly discusses the financial markets and certain individual companies. These opinions are current as of the date of the broadcast, but are subject to change. The information provided does not provide information reasonably sufficient upon which to base an investment decision and should not be considered a recommendation to purchase or sell any particular security.
Mr. Rogers discusses specific companies, which may be held in certain portfolios Ariel manages. Portfolio holdings are subject to change. The performance of any single portfolio holding is no indication of the performance of the entire portfolio in which it is held. See current holdings information for Ariel’s portfolios on this web site by clicking on a portfolio’s “Holdings” tab.
Investing in equity stocks is risky and subject to the volatility of the markets and investing in small and mid-cap stocks is more risky and more volatile than investing in large cap stocks. Bonds are fixed income securities in that at the time of the purchase of a bond, the amount of income and the timing of the payments are known. Risks of bonds include credit risk and interest rate risk, both of which may affect a bond’s investment value by resulting in lower bond prices or an eventual decrease in income. Treasury bonds are issued by the government of the United States. Payment of principal and interest is guaranteed by the full faith and credit of the U.S. government, and interest earned is exempt from state and local taxes.