GDP Growth Slows Down Big Time; the Market Shrugs
As a third quarter economic deceleration was expected, the S&P 500 keeps on gaining.
News
Get Ready for the Year’s Best Period: November Through April
CFRA says it has outshone any other rolling six-month stretch since World War II.
Op-Ed: The Climate Investment Dilemma—Divestment or Decarbonization?
FEG’s Tim O’Donnell explores the merits of engagement.
Cathie Wood vs. Jack Dorsey: Deflation or Hyperinflation?
The disruption avatar takes on the Twitter founder over his Weimar-like projection.
What They Say, What They Do: Maybe US Consumers Aren’t So Dour
While pollsters say their mood is sour, people still are spending more than before, JLL’s Severino says.
Ohio Teachers Pension Faces Special Audit Over Scathing Report
The state auditor says the information supports ‘a reasonable basis’ for conducting a probe of the retirement system.
Asset Managers Are Feeling Leery, BofA Survey Finds
The bank says its survey is the ‘least bullish’ since October 2020.
Missouri Teachers’ Pension Hit by Cyber Attack
Accessed files contained personal information such as names and possibly birth dates, but not Social Security numbers.
Moderna Easily Outpaces Giant Rivals in Stock Market
As booster shots win approval, the smaller firm’s shares blast past J&J and Pfizer’s.
Institutional Investors Double Down on Private Assets
Schroders says the pandemic exacerbated the need to diversify away from equity/bond market volatility.
New ETF Portends Bitcoin Reaching $160,000, Says Strategist Tom Lee
The top cryptocurrency has had a fresh growth spurt, as news of the new fund spreads.
Ohio Pension Systems Report Robust Returns for Fiscal 2021
Asset allocation for the six plans has shifted toward alts and away from US equities over the past decade.
Simiso Nzima Named Head of CalPERS’ $250 Billion Global Equity Portfolio
The pension giant’s global equity program accounts for more than half of its entire asset value.
Why 3Q Earnings May Undershoot Estimates
That has happened just once since 2009, but CFRA’s Stovall expects a re-run.
Wells Fargo: Ax Natural Gas Too Early and the Green Energy Agenda Suffers
Gas, touted as the bridge between fossil fuels and renewables, is vital to ensure a smooth shift, a report argues.