Tag: Consumer Price Index
This will be CalPERS’ biggest increase in pension payments in 32 years.
Investors could see either a 1970s-style double-digit ripsnorter, a return to a more normal level, or something in between.
Its performance just beat the 6.11% gain posted by a 60/40 stock/bond portfolio.
Gold has fallen off with the rise of Bitcoin. What is the outlook for this traditional asset?
Problems like the virus and high joblessness will continue for a while, the bank’s strategists declare.
A growing younger population and rich emerging markets could return it to life. Meanwhile, expect a decade or more of quiescence.