Developed Nations’ Public Pension Plans Dropped By Average of 15% in 2022
An OECD report details how rough last year was for global funds, although the U.S. was protected slightly by a strong dollar.
An OECD report details how rough last year was for global funds, although the U.S. was protected slightly by a strong dollar.
The S&P 500 is nearing its peak, but here is the case made by several prominent Wall Street seers for why things can go awry.
UBS analysts think the Fed will need 6 months or so to realize it can ease, gradually slicing the central bank’s benchmark by a modest amount, up to 0.75 points.
Historically, when the sector’s P/Es are this high, its market performance flags over the next 12 months, per Jack Ablin.
Almost half are slowing and one-third are lowering exposure to stocks and other risk assets, per CoreData.
A host of macro problems leave PE fund investors with just small gains.
Lombard’s Blitz makes the case for why the Fed will keep hiking, all the way up to 6.5%.
Expect higher oil prices, but these likely will not be crippling, strategists say.
Some allocators and managers are doing this, expecting a price pop ahead and collecting nice interest payouts along the way.
The classic trade-off between unemployment and inflation isn’t the same due to the Federal Reserve, in Peter Berezin’s view.
Two reports seem to show a cooling economy, with the Fed backing off.
Casting aside budget hawks’ concerns and inflation upticks, the firm applauds the industrial policy under the Biden Administration.