Please stay tuned for important disclosure information at the conclusion of this episode.

You may be thinking about converting your traditional IRA because of the down market.

Morningstar's director of personal finance, Christine Vins, talks with Vanguard Retirement

Specialist Maria Bruno or whether now is the time.

Plus, Netflix is going from ad-free to add-supported to attract new subscribers.

Our analyst explains what it means for investors, and we'll tell you how your smartphone

might be hurting your portfolio's performance. This is Investing Insights.

Welcome to the new Investing Insights. I'm your host, Ivana Hampton. The new format features a mix of market news, analyst insights, and personal finance tips. And let's begin with a look at the Morning Star headlines. FedEx is planning to deliver major cost cuts. The world's largest express package providers' Q1 earnings report showed mixed results.

It reported an increase in revenue, but a bigger than expected dip in package volume.

FedEx says online shopping habits are returned to normal, and the global economy is softening.

Morningstar thinks inflation and a lag in responding to increased demand led to a dip in FedEx operating profit margin in August.

The shipping giant has implemented cost cuts for fiscal 2023, and that's expected to produce more than $2 billion in savings.

We don't expect to significantly alter our $220 estimate of what we think FedEx stock is worth.

We believe the shares are undervalued.

Ford is warned as third quarter results will reflect supply chain issues that led to tens of thousands of partially built vehicles.

The carmaker calls unfinished vehicles awaiting parts such as chips, vehicles on wheels, and it's been an ongoing

problem due to the chip shortage and other world issues. The so-called vehicles on wheels

are high-margin light truck models, including pickups. However, Ford expects them to be

completed and delivered to dealerships in the fourth quarter. So it's not changing this full-year

outlook for adjusted earnings before interest and taxes. For a delivered to dealerships in the fourth quarter. So it's not change in this full year outlook

for adjusted earnings before interest in taxes. Forrest says its third quarter, adjusted operating

results will be between $1.4 and $1.7 billion. And that's well below the definitive consensus.

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