Virginia Retirement System Returns 6.1% in Fiscal 2023
The commonwealth’s pension fund asset value grew to $105 billion.
The commonwealth’s pension fund asset value grew to $105 billion.
After a lean season, a bevy of excitement-generating deals is in the pipeline, headed by Instacart.
Ratings drops affect Comerica and KeyCorp, following Moody’s negative actions on lenders two weeks ago.
Technology leaders are off since mid-July, amid new investor wariness and concerns over their high valuations, the research firm contends.
However, the Joint Staff Pension Fund’s asset value had recouped more than half of those losses by July 20.
Big tech mega caps skew the profits picture, and stripping them out makes the outlook flat.
No additional rate hikes, one more, two more? Strategists ponder what comes next after the CPI news.
Perhaps the 2020 downturn was just Part 1, BCA Research warns.
An encouraging second quarter, with a star offering, is stoking dormant optimism.
Some strategists say pandemic spending and other factors have severed the historic sequence.
Companies that achieved tech advantages (such as Microsoft) and pricing power (John Deere) will triumph, says JPM’s Jared Gross.
Foreign investment is surging into American industrial construction, according to the strategist.
While political controversy dogs green initiatives, artificial intelligence replaces them as the new popular topic.
Traders in the beaten-down commodity, an economic bellwether, are taking long positions in its futures.