News
Saudi Aramco Jumps Past Apple to Become World’s Most Valuable Company
Oil prices are on fire, while tech’s appeal has cooled amid rising interest rates.
Search results for: Federal Reserve
Newsmakers
Why the Fed’s Bond Runoff Might Not Be Such a Big Deal
Future plans are vague, and it would take years for the central bank’s balance sheet to reach its pre-pandemic level.
Asset Allocation
No Place to Turn With Stocks and Bonds Both Down? JPM Has a Solution
Swap high-yielding stocks for even better-paying bonds, the bank says.
Newsmakers
Expect Chronic Inflation, Says CIO of Singapore’s Sovereign Wealth Fund
At the Milken Institute Global Conference, institutional investors discussed rethinking their allocations, as the inflationary environment seems likely to be here for the long haul.
Risk
Why the Snake-Bitten Market Might Turn Around by September
History shows that a 14% January-April slide usually results in a four-month rebound, says Sam Stovall.
The Plus Side of Rising Interest Rates: Lower Pension Liabilities
Higher rates are no friend to bond portfolios, but they make life easier for DB plans.
Risk
High Inflation? Investors Go for the ‘Transitory’ Narrative
Their take: March’s sizzling CPI number likely is the near the top.
U.S. Corporate DB Plans Hit Highest Funded Status in Years
Higher discount rates have helped, but investment managers suggest sponsors be mindful of risks ahead.
Risk
Wall Street Expects a Slowdown, Not a Recession, But …
The one skunk at the picnic is pessimistic Deutsche Bank, which sees trouble ahead.
Newsmakers
Questions on Fed Balance Sheet Reduction Trouble the Market
Just how will the central bank shed the bonds it holds, in a bid to boost rates?
Finally, the Move Out of Scandal-Tainted LIBOR Is at Hand
Why the prolonged wait for a transition to a new and less-corruptible credit benchmark?
Risk
Inflation: Why the Late 1940s Better Matches Today, Says Guggenheim
Not the 1970s, which is most often cited as the historical precedent, says firm CIO Scott Minerd. If so, that’s good news for us.
Asset Managers Hustle to Offer Better-Yielding Cash Funds
With rates pointing up, Northern Trust, BlackRock, and others aim for liquidity-laden institutional clients.
Risk
What It Would Take for Powell to Get His Soft Landing
Former New York Fed head Dudley thinks the central bank’s quest is doomed. Is he right?
3 Fund Chieftains Explain Why Oil Prices Will Keep Rising
To Britt Harris, Marcus Frampton, and Sean Bill, big forces are aligned to buoy energy costs for a while.