The Wall Street heavyweight’s forecasts for each coming year have done well over three decades, coupling conventional wisdom with unorthodox guesses.
Growth stocks rebound, banks are vulnerable, consumer staples rule—all those shibboleths are so last year, the firm’s CIO, John Linehan, says.
Despite Fed uneasiness, higher pay isn’t really pushing inflation, per the firm’s David Kelly.
The easy answer is a rebounding economy. But that’s not the sole factor, a Northern Trust Asset Management study finds.
With more than two-thirds of its portfolio in equities, falling markets have pummeled the world’s second largest pension fund.
They usually go up after the vote, with the uncertainty over. But maybe not this year, warns Schwab’s Liz Ann Sonders and some other Wall Street savants.
Falling markets and rising inflation take toll on endowment investment portfolios.
A forecast from the Cleveland Fed is not encouraging. But Brainard and Evans have soothing words.
Treasurer John Schroder calls ESG investing a threat to democracy and individual liberty.