Market Moves
How the Stock Market Will Forecast Who Wins the White House in 2020
Since 1928, an LPL study shows, if the S&P 500 is up three months before Election Day, then the incumbent party almost always triumphs.
Tag: COVID-19
Coronavirus - COVID-19
Endowments Weather Pandemic Better Than in Great Recession
Larger endowments outperform smaller ones due to less US equity exposure.
Asset Allocation
Sam Zell Calls Markets ‘Too Optimistic,’ Expects U-Shaped Recovery
Although he says the economy is now in a recession, Zell doesn’t think it will be as deep as expected.
The Madness of Crowds: How to Cope with Today’s Faster Volatility
A number of strategies to navigate this new chaotic terrain fall short, but others come out OK if you don’t want to beat the market.
Market Moves
GDP Growth Will Limp Along for the Next 10 Years, Says Moody’s Economist
In the most far-reaching pessimistic forecast yet, John Lonski blames productivity stagnation.
Pensions
Nonprofit Hospitals’ Pension Funded Status Could Weaken After COVID Relief
The CARES Act has given many health care pension funds short-term relief, but that could result in lower funded ratios, says S&P.
COVID-19 Creates New Factors for Due Diligence and ESG
Positive returns correlated to company behavior could be predictive for future pandemics.
Market Moves
Ed Yardeni Slams the Fed for Setting Up a Market Slide
The central bank has jazzed up investors so much that a nasty fall will result, the economist warns.
Asset Management Culture
Pandemic Spurs Investor Interest in Social Bonds
The sustainable finance instrument has become an unlikely tool in the economic fight against COVID-19.
Manager Selection
Conducting Due Diligence During a Pandemic
Mercer-Backstop alliance allows asset allocators to kick the tires on investments remotely.
Coronavirus - COVID-19
Pandemic Will Slice 7% from World’s Wealth in 2020, Says BCG
A painful $16 trillion could vanish from the planet’s coffers, only the second down year this century, Boston Consulting’s study estimates.
Alternatives
Toll Roads Face Long Road to Recovery: Bad News for Funds Eyeing Infrastructure
The typically stable asset class has been hit as traffic levels have dropped 40% to 85% globally, S&P analysts say.
Regulation
Permission to Tap 401(k)s Worries SEC Chief
New penalty-free retirement plan withdrawals, meant as recession relief, may result in too-risky investing, Jay Clayton says.
Coronavirus - COVID-19
Roller Coaster Markets Don’t Dampen Investor Optimism
Despite whipsaw market volatility, financial professionals expect only modest declines in 2020.
Why Offices, Abandoned as a Virus Risk, Will Be Back
If the health hazards are resolved, look for a reverse exodus. That’ll benefit battered office REITs.