Sweden’s AP2 Sees a Green Bond Explosion in Public Sector
The country’s state pension buffer says government institutions should swap fossil fuels for alternative energies in the next 10 years.
Market Moves
HSBC UK Pension Plan to Invest $328 Million in Renewables
Bank wants enough onshore solar and wind energy to power an Oxford-sized area.
Why the Stock Market’s Dive Was an Overreaction
As benchmark 10-year Treasury finally rises over 3.2%, equity investors fear growth-choking interest rates are en route.
Storm Impact May Mute September Job Report, but Not Trade War
Economists’ consensus calls for a 168,000 gain in employment, more tepid than the current trend.
Optimistic Republicans Bought Stocks, Democrats Didn’t, to Their Regret
MIT study shows how reaction to the 2016 presidential election shaped investing along partisan lines.
FTSE Russell to Add China A-Shares to Global Indexes
Move expected to bring initial passive inflows of $10 billion.
CFOs Are Slightly More Downbeat About the Domestic Economy
Interest rates hikes and the trade spat could affect company fortunes, they say in Deloitte survey, although overall optimism is still strong.
US Will Be Victor in Trade War, El-Erian Says
Allianz economist says American economy and stock market shouldn’t be hurt by the conflict.
Shiller Doubts Booming Earnings, Now Propelling the Market, Will Last
Yale professor sees stocks as way overvalued and thinks investors are fooling themselves about continued increases.
US Market Surges While Others Flag? Not for Long, Says JP Morgan
Bank’s strategist says ‘sugar high’ of American tax cuts will peter out, hurting domestic stocks.
Trade War Could Slam US Stocks with Losses Up to 20%, Tepper Says
Appaloosa chief warns that further tariffs in US-China clash could crimp the heady market.
Global, US Economies Should Be Fine Through 2019, Bank Says
Growth is expected to slow next year, though, according to BNP Paribas.
Another Economic Plus Sign: Small Business Capital Spending
National Federation of Independent Business survey shows smaller companies are laying out more.
High Wage Growth Means Fed Will Stay on Rate-Hike Course
When the market has been good before the ninth month, its poor rep doesn’t matter.
Why September Might not Be as Bad as Usual this Time
When the market has been good before the ninth month, its poor rep doesn’t matter.