Newsmakers
CalSTRS Expected to Support Carbon Pricing
Plan will look at corporations’ policies on the issue as it examines their sustainability policies.
Search results for: Federal Reserve
US Pension Funded Status Rises to 89% in Q1
Gains fueled by 9% surge in asset returns during the quarter.
Market Moves
Add Carl Icahn to the List Opposing MMT
Billionaire activist investor joins Buffett and Powell in criticizing loose-spending plan.
Risk
Australia Future Fund Bounces Back in Q1
A robust turnaround in equities brings a 5% return for the asset owner.
Why Alts Are Burgeoning: Naked Fear
Amid the aftershocks of the ’08 crisis, investors are drawn to the perceived safety of their diversification, and to pretty good returns.
GDP Forecasts for 2nd Quarter Show Deceleration
But latest estimates indicate slight improvement from previous calls.
Market Moves
Too Bad, Trump: Looks Like the Fed Won’t Lower Rates
Despite political pressure to reduce them, the central bank seems tilted toward eventual hikes.
Cause for Worry: Stock and Bond Prices Walk Hand in Hand
Positive correlation means mixed signals on economy’s direction, no more buffer
Risk
At Pension Bridge: What’s the Right Risk-Oriented Way to Allocate Assets?
Wisconsin’s Edwin Denson looks at what the next downturn could mean for investing.
Goldman Puts Number on Odds of a Recession: Just 10%
Wall Street firm credits the Fed’s about-face for sunnier view.
When, Oh When, Will Value Stocks Ever Outdo Growth?
Late in an economic cycle, like now, they should be nosing into the lead. Except they aren’t. Tech and health care, along with factors like low rates, have changed the dynamic.
Newsmakers
Cyber Attacks Are Financial World’s Worst Threat, Says Jamie Dimon
Chase CEO cites economic worries in annual shareholder letter.
Market Moves
Here’s Some Hopeful News: April Is Stocks’ Best Month
For the past 20 years, the fourth month has been the best for the S&P 500, rising an average 1.7%, LPL Financial says.
What Will It Take to Make the Dollar Weaken?
The strong US currency has tumbled before, and several forces may push it down again.
Corporate Moves
EPIQ Capital Group Names Boris Albul CIO
Albul joins boutique multi-family office serving high-net-worth clients.