Public Equities Drag Orange County Pension Investments 7.8% Lower in 2022
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
More housing price increases might squelch the conventional wisdom that July’s hike will be the last, some strategists say.
But the institutional investors revamped their approach to the asset class after it failed to protect them when equities tanked in 2022.
No additional rate hikes, one more, two more? Strategists ponder what comes next after the CPI news.
Perhaps the 2020 downturn was just Part 1, BCA Research warns.
The firm advises lowering exposure to stocks in preparation for a recession finally rolling in.
Mission accomplished: Tightening probably won’t continue at the central bank’s meeting next week, says economist Ian Shepherdson.
Former Fed chief puts a number on the level of employment-related pain needed to hit price-rise target.
The metal’s price is way up, but it tanked after the resolution of the 2011 federal default crisis and could face further volatility this year.
After a punishing 2022 ended on a slight upswing, allocators posted a 4.1% increase in this year’s first period, per a Northern Trust study.
The $2.18 trillion market is ‘flashing warning lights,’ and deal activity is expected to slow, according to a Proskauer report.
The bond and futures markets believe the central bank’s tightening will about-face—a bad call, the strategist contends.
Ongoing worries, such as the debt-limit clash, could bring it roaring back, warns Bank of America.