Howard Marks: A ‘Sea Change’ Has Come to Investing
Risk aversion and higher rates are now embedded features, which has big implications, the celebrated investor says.
Risk
As CPI Dips, Investors Are More Optimistic than the Fed on Rates
With the Fed meeting on Wednesday, the futures market continues to believe the central bank will ease soon. Perhaps unwisely, says LPL.
Not Such a Small World After All, CIOs Say
Institutional investors last week cited deglobalization as a concern when making asset allocation and investment decisions.
More Real Estate Woes: Blackstone Hits Exit Limit
The investment firm’s storied property arm is beset by investor withdrawals, underscoring REITs’ plight these days.
Look for Another Hawkish Jackson Hole Blast from Powell
The Fed chair, in a Wednesday speech at Brookings, is expected to drive home once again that the central bank is going to continue its relentless tightening.
Does Chinese Pandemic Unrest Mean Big Problems Ahead? Maybe Not, Says Bespoke
The economic and investing impact on China should be small, the firm expects. Hopefully with no Tiananmen Square rerun.
Asset Owners and Consultants Say They Gotta Change Strategies, Pronto
Inflation and climate change spook them, so they’re scrambling to find smarter ways to adjust, a Nuveen survey finds
T. Rowe: Conventional Wisdom on ’23 Market Is a Crock
Growth stocks rebound, banks are vulnerable, consumer staples rule—all those shibboleths are so last year, the firm’s CIO, John Linehan, says.
As Beijing Relaxes Pandemic Rules, Chinese Stocks Rally
China’s stocks and its economy have been slammed by the draconian restrictions.
Infinity Q Agrees to Settle SEC Overvaluation Charges
About $570 million to be returned to investors.
Exploring ESG Investing: Political Agenda or Economic Factor?
An expert panel lays out what they think ESG really is and how it differs from other socially informed investment strategies.
Is Wall Street Getting Fooled by a CPI Head Fake?
Thursday’s enormous market runup assumes that inflation is on a downtrend. What if that isn’t so?
TIAA/Nuveen Accused of Greenwashing, Violating UN Climate Pledges
Complaint alleges Principles for Responsible Investment signatory owns at least $78 billion in fossil-fuel investments.
Don’t Worry About a Wage-Price Spiral, JPM Says
Despite Fed uneasiness, higher pay isn’t really pushing inflation, per the firm’s David Kelly.
When Will Beaten-Up Real Estate Turn Around?
The easy answer is a rebounding economy. But that’s not the sole factor, a Northern Trust Asset Management study finds.