Please stay tuned for important disclosure information at the conclusion of this episode. Hello. Hello, I'm Susan Jubinsky.

Welcome to a bonus episode of the Morning Filter podcast.

Now, as our regular viewers and listeners know, we're doing some bonus episodes of the podcast.

So, if you have an idea for a bonus episode, send it to us via our email

address, which is the morning filter at morningstar.com. Now, on today's bonus episode, we're going to

cover several topics that those of you who took our recent The Morning Filter survey told us

you wanted to hear more about. Those topics include portfolio construction, international stock investing, and bonds, and bond funds. Joining me today to tackle those topics is my colleague Christine Benz. Christine is Morningstar's Director of Personal Finance and Retirement Planning. She's also co-host of the Longview podcast, and author of the book, How to

Retire 20 Lessons for a Happy, Successful, and Wealthy Retirement. Christine and I are having our

conversation on April 8th. Welcome back to the morning filter, Christine. Susan, it's great to see you.

Thank you for being here. Now, you were a guest on the podcast about eight months ago.

It was August, I think, of 2025.

And at that time, I asked you what you thought the biggest risk was in the market at that

point in time.

And you said investor complacency.

So let's fast forward to today, which is April 2026.

You still think complacency is an issue?

Probably less so because volatility recently are really going on all this spring has

shaken a lot of people up.

And when we look at fund flows, I'm seeing signs that maybe complacency is being dislodged

a little bit.

So we're seeing really good flows

into fixed income. So it appears that investors are taking good advantage of the higher fixed income

...