How Much Will US GDP Shrink This Year? Try 5.4%
That’s the harsh forecast from IHS Markit, one of the grimmest on Wall Street.
Brexit uncertainty, fiscal easing also factored into downgrade and ‘negative’ outlook.
Think Asian tech firms. That’s the reasoning of Wellington Management.
Investment advisers, funds, and public companies are granted 45-day extensions for certain reports.
The $7.4 trillion asset manager sees cash as a guard against further shocks, leading a trend sweeping corporate America.
Economic impact of virus could lower state pension valuation.
Nicolai Tangen, a hedge fund manager based in London, will take over the nearly $1 trillion plan.
Value star Bill Nygren thinks so. Hey, despite that latest pop-up, the market is still way down last month’s peak.