Republican Committee Control Presents “Headline Risk” for ESG, Says Investment Bank
Managers at firms with an ESG strategy should expect to be summoned to committee hearings should the Republicans take either house.
Risk
How Will the Midterm Elections Affect Stocks, Anyway?
They usually go up after the vote, with the uncertainty over. But maybe not this year, warns Schwab’s Liz Ann Sonders and some other Wall Street savants.
Why Bond Liquidity May Be Headed for Trouble
As Yellen warns of problem selling the obligations, fixed-income volatility resembles that of stocks. Other hazards lurk.
Forget Those Two Down Quarters: Look for a Positive 3Q GDP Number
But economists are gloomy about the U.S. economy, even if things look OK now.
Have We Hit the Market Bottom? Maybe Not
When even Morgan Stanley’s house bear, Mike Wilson, sounds upbeat, UBS’s Mark Haefele is skeptical.
BT Pension Plan Lost £11 Billion in Buildup to U.K. Bond Meltdown
Despite the steep loss, CEO Morten Nilsson says there is ‘no worsening’ in the plan’s funding position.
How the 1987 Crash May Have Lessons for Today
On the anniversary of Black Monday, Bespoke points out that a cataclysmic market fall doesn’t always bring about a recession.
BNY Mellon’s Digital Asset Custody Platform Goes Live in U.S.
The bank hired digital asset tech firms Fireblocks and Chainalysis to help develop multi-asset platform.
Is Credit Suisse the Next Lehman Brothers?
That question’s the buzz on social media, but the ailing bank seems to have wherewithal to keep going.
Sign of the Times: Peloton’s Latest Layoffs
The exercise business’ woes illustrate how the economy has changed after the pandemic’s early days.
Here’s Where to Find Opportunities Amid Slow Growth, Says Report
Private equity, hedge funds and high-yield bonds are promising investments for the future, Northern Trust Asset Management advises.
Six Major Banks Join Fed Pilot Program to Improve Climate Risk Analysis
The firms will analyze the impact of hypothetical climate scenarios on specific portfolios and business strategies.
The Pattern Resumes: Jobless Claims Slip, Stock Investors Freak Out
After Wednesday’s rally, buoyant job stats remind investors of the Fed’s tightening ways.
British Pound Falls to All-Time Low Against the Dollar Amidst Political Turmoil
The Bank of England announces emergency measures as U.K. pensions get squeezed in Gilt rout.