Hidden Risks Still Bedevil Allocators’ Returns, Updated Study Warns
Institutional investors’ attempts at diversification often are self-defeating, says NTAM in a new version of its 2020 jeremiad.
Risk
Tesla Seems to be Doing Fine With Musk Otherwise Engaged
As a fraud trial starts centered on the EV company, it actually has been performing well in sales and earnings.
Recessions May Be Mild, but Market Reactions Aren’t
BlackRock forecasts a 1% economic contraction this year. The question: How will investors respond?
Earnings Will Stink, but Not All of Them
Despite a punk Q4 profit picture, some companies should do fine, says Bank of America.
Looks Like Just a Quarter-Point Fed Hike Up Next
As inflation eases, investors think the central bank’s next move will be small.
How the Investing World Is Changing for Good, and for Bad, per JPM’s Savant
An end to artificially low rates and globalization will have mixed results, strategist Michael Cembalest finds.
Scrutiny as a Return Driver
Allocators need to re-think due diligence in the wake of write-downs in private markets.
Crypto Bloodbath Won’t Stop Spreading, as Some Lose the Right to Their Money
A bankruptcy judge’s ruling against customers in the Celsius case is the latest blow.
Shiny Private Equity Loses Some of Its Luster
The go-to asset class has stumbled a bit lately, prompting second looks from allocators.
What Risks Worry Financial Pros the Most?
The market’s course is their chief anxiety producer, a Bloomberg survey finds.
Stagflation Fears Have Pensions, Sovereign Wealth Funds Eyeing Alts
Facing an economic slowdown and higher inflation, institutional investors are turning to real estate, infrastructure.
Inverted Yield Curve Passes Danger Line
With the spread between short and long rates upside down for more than 15 straight trading days, that portends a recession for sure by August, Bespoke warns.
Recession Be Damned: Why Mike Mayo Thinks U.S. Bank Stocks Will Do Well
Bank of America and others should surge 50% next year, gadfly analyst says.
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.
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.