Manager Selection
Shundrawn Thomas to Leave Northern Trust Asset Management
The asset manager’s president since 2017, he will co-found an investing firm to help female and minority business operators.
Tag: pandemic
Newsmakers
Older Workers Aren’t Part of the Great Resignation—They Got Fired
New research shows that many employees ages 55 to 74 who quit working were forced out.
3 Fund Chieftains Explain Why Oil Prices Will Keep Rising
To Britt Harris, Marcus Frampton, and Sean Bill, big forces are aligned to buoy energy costs for a while.
Has the Gabby Fed Gone Too Far in Its Transparency Push?
The central bank’s greater openness these days fuels risky behavior and thwarts flexibility, some say.
Risk
Warning: Tossing Russian Banks From the International System Could Backfire
Credit Suisse says removing the lenders from SWIFT may lead to problems similar to the 2008 and 2020 panics.
Do Stock Buybacks Really Shrink Capital Spending?
Thanks to soaring corporate cash, capex has improved lately, but share repurchases still overshadow it.
Risk
Why Consumer Confidence Is Dropping (It’s Not Just Inflation)
People think the economy’s big gains are behind us, says Comerica’s top economist.
Newsmakers
Why Sometimes Ya Just Can’t Trust Payroll Estimates
Economist Gary Shilling shows how Wall Street projections and the actual official report can be way off.
Asset Allocation
Broken Homes: Trouble Stirs in Booming Housing Sector
Affordability questions and rising rates chill once-hot builder stocks.
Asset Allocation
Byron Wien: Gold Price Will Hit Record This Year
The Wall Street sage issues a prediction for the metal among his 10 expected ‘surprises’ for 2022.
Regulation
UK State Pension Struggling to Manage Inflation
The government’s decision to not increase pension payments in step with inflation in 2022 has angered many.
Newsmakers
Will Jolly Old Saint Nick Visit the Stock Market This Holiday Season?
Statistically, there’s usually a Santa Claus rally right after Christmas, and it’s a good one, says LPL’s Detrick.
Risk
Look Sharpe, Says Goldman: Stocks That Thrive Amid Volatility Will Have a Good 2022
With slower economic growth and higher rates, these shares should handily outpace the S&P 500, the firm contends.
Risk
Pension Fund Sues Peloton Over Alleged False Statements
The lawsuit claims the fitness company and its executives lied about the prospects of post-COVID growth.
Risk
Exclusive: What Does the Omicron Variant Mean for Investors? Nick Moakes, CIO of Wellcome Trust, Shares His Thoughts
The health research fund successfully shielded its investments from the downturn in March 2020 by preparing for the pandemic in January.