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.
Risk
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.
So the Fed Will Finish 2022 With a Rate-Hiking Bang, Then Coast, Right?
The futures market expects raises Wednesday and next month, maybe reaching a peak.
Higher Rates to Squeeze Middle-Market Private Credit Market, Reports Kroll
Kroll report details a private credit sector protected from systemic risk by financing dexterity, and strong relationships between private equity sponsors and private credit lenders.
How Bad Is Meta’s Influence on the Market? Bad
Compared with other FAANG members, the company previously known as Facebook is in another league. Its collateral damage, though, was painful.