Three decades after helping give birth to the ETF industry, Morgan Stanley is officially back in the game in what could be a milestone moment for the investing world.
The market has high hopes for the Fed, however, comparing this to the Fed’s own expectations, we see a very different narrative.
Inflation appears to have peaked, led by improvements in core goods prices and rate-sensitive sectors like housing.
In stock investing there’s a management style called “growth at a reasonable price” or GARP. It seeks to achieve steadier results by avoiding both expensive growth stocks and beaten-down value stocks.
The current debt ceiling debate in Congress is a great reminder that investors should always prepare for the unexpected and invest in companies that are durable enough to withstand a range of economic scenarios.
Review the latest portfolio strategy commentary from Mike Gibbs, managing director of Equity Portfolio and Technical Strategy.
What happens when you ask the hottest AI tool in the world to design an ETF that can beat the US equity market? It tells you the same thing every frustrated stock manager does.
For the first time, the world invested as much money into replacing fossil fuels as it spent on producing oil, gas and coal, according to an analysis from BloombergNEF.
Six Wall Street banks are being pressed by a group of shareholders to move faster on reducing their financing of fossil fuels to meet global climate goals.
2022 was a year of disappointment and negative surprises as economies faced the consequences of geopolitical turmoil and central banks fighting inflation.
When should your firm begin to leverage a new offering, if at all? Let’s talk about ESG investing and share three strategies to help your firm discuss and market a new product or service in an authentic, practical, and distinctive way.
The recurring farce of lifting the US government debt ceiling began again this week.
Portfolio Manager Michael Oh, CFA, reviews what he seeks out in innovative companies and why he thinks Asia may be in the early innings of innovation in more than technology.
We believe it is important to keep you informed on the latest proposals and regulations impacting the retirement industry, as well as implications to your business.
Vanguard Group, which quit the world’s biggest climate-finance alliance in December, was the only major ETF provider to post an increase in European assets last year thanks to its lower exposure to environmental, social and governance strategies, according to Morningstar Inc.
So-called greenwashing by asset managers misleads investors by labeling products with false claims of ESG benefits. But the SEC’s initiative to restrain this malpractice falls short because it does not distinguish between risk- and ethics-driven ESG products.
Markets provided investors with a dozen lessons in 2022 (and a bonus one in the postscript).
The omnibus spending bill puts our retirement system on an even less sustainable basis.
Big global banks are eying some of the world’s most fragile countries for a new experiment in financial engineering: debt relief in exchange for environmental protections.
Our 2022 ESG manager survey findings reinforced our belief that the integration of environmental, social and governance (ESG) factors into investment processes is here to stay.
I've put together four steps to grow your client base – this month.
2022 was a rough year for fixed income, but we anticipate better days ahead as the Fed will likely keep rates elevated in its ongoing battle against inflation.
Healthcare stocks have remained in vogue through volatile markets, driven by increased interest in the sector during COVID-19.
Although inflation appears to have peaked, historical data suggests that prices are unlikely to reverse themselves, which could lead to an extended period of wage inflation.
Asia’s benchmark stock index was on track to enter a bull market, as China’s reopening and a weakening dollar lure investors back to the region.
When the Deepwater Horizon rig exploded in the Gulf of Mexico in 2010, triggering the largest-ever oil spill in the US, all eyes turned to BP Plc, the British company behind the drilling. But BP wasn’t alone in the project.
European bond-market performance was among the worst on record in 2022, as Europe ran the gamut of geopolitical, economic and market storms.
For many investors who started their investing journey following the financial crisis, forward returns will be disappointing compared to the last decade.
The $6.5 trillion US ETF industry boomed in 2022 as innovative product debuts and market volatility fueled a near-record number of launches. But the fanfare revealed a major flaw in the space: the lack of women helming the funds.
European governments are set to unleash a deluge of bonds into markets this year. Investors will demand either a further shift higher in yields or a substantial improvement in the region’s inflation outlook to digest the coming wave of supply...
Tesla’s shares fell by more than 14% on Tuesday, after plunging by 65% in 2022.
I’ve learned a lot through my work consulting with advisors. Here are some marketing insights to help you plan for 2023.
Relative to the accumulation phase, strategies that mitigate the unique risks faced by retirees in decumulation are less understood and researched. By identifying and illustrating those risks, planners can better prepare clients for retirement.
Nikko Asset Management’s Global Investment Committee recently got together to discus their views heading into 2023.
The asset management arm of BNP Paribas SA said using a different interpretation of “sustainable investment” than some of its peers has allowed it to keep the European Union’s top ESG tag attached to about $20 billion worth of funds.
Crypto is squarely in the cross hairs of Washington regulators, with fresh calls for stricter controls before the industry can get big enough to affect the broader financial system.
Implementing technology that comprehensively supports every business objective is about a consultative, hands-on relationship with the vendor.
Templeton Global Equity Group weighs in on inflation’s emergence in Japan, recent monetary policy shifts, and the implications for investors.
A surprising shift in Japan's monetary policy.
As the world economy prepares for a true transition to decarbonization, interest in renewable energy has re-emerged as an important topic for investors. This interview features Rene Reyna, who is head of thematic and specialty product strategy for the ETFs and Indexed Strategies teams at Invesco.
The following article provides an important perspective on Gen Z’s entrance into the workforce.
This wasn’t the year hoped for in the crypto and blockchain space, especially for stakeholders and investors.
Structurally tight labor markets are providing support for tighter monetary policy, but the Fed may be fighting an uphill battle.
At a recent climate-finance meeting attended by Wall Street giants including BlackRock Inc. and Goldman Sachs Group Inc., no one spoke until a lawyer had finished reading out a disclaimer stating the group was not a cartel.
Stephen Dover, Head of Franklin Templeton Institute, shares his scorecard on some market prognostications for 2022, and what his team is watching in 2023—from blockchain to balanced portfolios.
As climate change moved higher on the Wall Street agenda, there had been fewer indications that financial giants took similar interest in the biodiversity crisis.
Andy Rothman explains the three reasons why he’s now bullish on China after being cautiously optimistic.
The US market for ESG-related products is less than half the size previously reported, according to the main umbrella organization for sustainable investing.
The battle against inflation is far from over, but markets can’t be blamed for rushing to judgment after an unequivocally positive consumer price index report Tuesday.
Karen Karniol-Tambour is the Co-CIO for Sustainability and the former Head of Research at Bridgewater Associates, the world’s largest hedge fund. Bridgewater is highly respected for its macroeconomic perspectives and understanding of how the economic machine works. Alex Shahidi, the Co-CIO of Evoke Advisors, one of the largest RIAs in the country, has been working with Bridgewater for nearly two decades.
Emerging Markets (EM) assets were subject to three strong headwinds in 2022, namely, China’s zero Covid-19 and real estate crisis, aggressive interest rate tightening from the US Federal Reserve (Fed), and the Russia invasion of Ukraine.
Asset managers are trying to digest new regulatory proposals that have the potential to upend Europe’s biggest ESG fund category.
Broad-market exposure meets sustainability. The S&P 500 ESG Index is a market-cap-weighted index that is designed to measure the performance of securities meeting sustainability criteria, while maintaining similar overall industry group weights as the S&P 500. Intentionally broad—including over 300 of the original S&P 500 companies—the index seeks to reflect many of the attributes of the S&P 500 itself, while providing an improved sustainability profile.
It has been my tradition to informally rate the investment-related books I read in the past year.
Ole Hansen, respected commodity strategist at Denmark’s Saxo Bank, says it’s possible once markets realize that global inflation will remain hot despite monetary tightening. I believe, as I’ve said before, that gold could climb as high as $4,000.
As the debate heats up over ESG investing, fixed-income professionals say they need more data than what’s currently out there.
An alpha-oriented approach.
A rush of regulation and investor pressure is forcing companies to do a better job of tallying up the environmental impact of their operations and the products they sell. That’s stirring demand for software that helps businesses measure carbon emissions.
From homeowners renting out spare rooms to publicly traded real estate investment trusts, landlords in colder areas of the US are bracing for their heating costs to soar this winter.
Some of the world's biggest investors predict that stocks will see low double-digit gains next year, which would bring relief after global equities suffered their worst loss since 2008.
After a challenging 2022, it is time for investors to look forward to opportunities. Emerging Markets (EM) debt stands out as one place where investors can potentially take advantage of an underutilized asset class that offers attractive yields and diversification.
At Microsoft’s annual meeting on Dec. 13, shareholders will vote for the first time on whether to support an analysis of the climate risk posed by the company’s 401(k) retirement options.
If a crushing bear market, inflation-fueled volatility and slump in inflows was meant to cool the booming US exchange-traded fund industry, issuers never got the message.
There’s enormous scope for India and Greater China to increase GDP per capita relative to the U.S. and other developed nations
As global warming worries approach critical mass, corporate bond investors expect issuers to be part of the solution.
The following is a story about a company that’s become wildly successful by having an intense focus on consumers’ needs and behavior.
Emerging-market central banks face a Catch-22 where plunging economic growth means they can’t keep monetary conditions tight, but elevated inflation doesn’t allow them to halt rate hikes either.
Europe needs higher investments, which will only be possible with an overhaul of its fiscal rules.
Let’s look at the powerful feature set an advisory firm could put together from a collection of the higher-rated, low-market-share programs and solutions that I’ve collected from past surveys, many of which you may not even be aware of.
While the crypto horror show rages on, stocks have quietly rallied almost 10% in the last month amid cautious optimism that the worst of the inflation shock is over. But might it be a head-fake?
Federal Reserve officials have enough worrisome inflation data to consider raising interest rates to a higher peak than investors expect and potentially follow the half-point hike they’ve signaled this month with the same again in February.
Weaker economic trends will likely form heading into 2023 as the Fed battles inflation, but a (hopefully) mild recession may help set stocks up for a better second half of the year.
After years of uncertainty around how U.S. retirement plans could consider ESG factors, the dust is finally settling. It’s official: A Nov. 22 rule issued by the Department of Labor (DOL) allows retirement plans to consider financially material ESG factors when selecting investments and exercising shareholder rights.
The asset management unit of BNP Paribas SA is stripping Europe’s top ESG designation from $16 billion worth of funds, adding to a tidal wave of reclassifications that the industry is blaming on unclear rules amid growing signs of anger from investors.
Tesla Inc. handed over the first of its electric Semi trucks, a milestone for the automaker more than five years after it unveiled the vehicle.
Better than expected inflationary data and corporate earnings reports helped boost S&P 500 to back-to-back rallies for first time since mid-2021.
As president of the Federal Reserve Bank of New York and vice chair of the policy-setting Federal Open Market Committee, John Williams is perhaps the second-most influential US central banker behind Fed Chair Jerome Powell.
Ethical debt deals are set to become the majority in Europe’s market for corporate loans for the first time next year.
Global bonds rebounded in November, adding a record $2.8 trillion in market value, as investors bet that central banks are getting a grip on inflation. But how long the party lasts is another matter.
The top bosses of US oil and gas companies are speaking less and less about climate and carbon emissions, a signal that the industry’s public focus on ESG over the past couple of years may be fading.
Some people are suggesting that the Federal Reserve consider a compromise in its battle with rising prices: Instead of imposing the full monetary tightening required to get inflation back down to its 2% target, why not increase the target a bit?
Americans who work remotely, either full-time or part-time, can save between $2,000 and $7,000 in transportation and work-related costs. They can also gain back the equivalent of two to three weeks per year in commuting time.
Vivek Tanneeru, portfolio manager, sees structural and cyclical tailwinds converging for emerging markets equities.
In one of the most challenging years for markets, 2022 brought persistently high inflation, aggressive central bank tightening and heightened geopolitical risks, leaving investors with few places to hide.
Franklin Templeton recently hosted an investment forum in Singapore, and much of the dialog pointed to a growing gap in growth outlook emerging between Asia and the West.
Historically, soaring oil prices have been bad for the US economy because they squeeze US consumers and producers, and often are happening when the Federal Reserve is raising interest rates to rein in inflation.
A lack of reliable ESG data in emerging markets is proving a boon for some of the heavyweights of global finance.
Amundi SA is removing the European Union’s highest ESG designation from virtually all funds that once carried it, as it joins a growing list of investment firms that have been wrong-footed by a change in regulatory guidelines in the bloc.
All financial manias have some features in common.
Sustainable Investing
Morgan Stanley Makes Historic ETF Comeback With Six New Funds
Three decades after helping give birth to the ETF industry, Morgan Stanley is officially back in the game in what could be a milestone moment for the investing world.
What to Watch
The market has high hopes for the Fed, however, comparing this to the Fed’s own expectations, we see a very different narrative.
Where is the Recession?
Inflation appears to have peaked, led by improvements in core goods prices and rate-sensitive sectors like housing.
Growth Pains
In stock investing there’s a management style called “growth at a reasonable price” or GARP. It seeks to achieve steadier results by avoiding both expensive growth stocks and beaten-down value stocks.
Elephant in the Room
The current debt ceiling debate in Congress is a great reminder that investors should always prepare for the unexpected and invest in companies that are durable enough to withstand a range of economic scenarios.
Weekly Market Guide
Review the latest portfolio strategy commentary from Mike Gibbs, managing director of Equity Portfolio and Technical Strategy.
We Asked ChatGPT to Make a Market-Beating ETF. Here’s What Happened
What happens when you ask the hottest AI tool in the world to design an ETF that can beat the US equity market? It tells you the same thing every frustrated stock manager does.
$1 Trillion Green Investment Matches Fossil Fuels for First Time
For the first time, the world invested as much money into replacing fossil fuels as it spent on producing oil, gas and coal, according to an analysis from BloombergNEF.
Big Banks Told to Phase Out Financing of New Fossil-Fuel Projects
Six Wall Street banks are being pressed by a group of shareholders to move faster on reducing their financing of fossil fuels to meet global climate goals.
Fed Up: Can the Fed Accommodate the Market?
2022 was a year of disappointment and negative surprises as economies faced the consequences of geopolitical turmoil and central banks fighting inflation.
Three Strategies to Expand Your ESG Offerings
When should your firm begin to leverage a new offering, if at all? Let’s talk about ESG investing and share three strategies to help your firm discuss and market a new product or service in an authentic, practical, and distinctive way.
The Debt-Ceiling Nonsense Has Gone On Long Enough
The recurring farce of lifting the US government debt ceiling began again this week.
Asia: The Early Innings of Innovation?
Portfolio Manager Michael Oh, CFA, reviews what he seeks out in innovative companies and why he thinks Asia may be in the early innings of innovation in more than technology.
US Retirement Legislation and Regulation Bulletin: Fourth Quarter 2022
We believe it is important to keep you informed on the latest proposals and regulations impacting the retirement industry, as well as implications to your business.
Vanguard Gets Extra ETF Billions After Largely Shunning ESG
Vanguard Group, which quit the world’s biggest climate-finance alliance in December, was the only major ETF provider to post an increase in European assets last year thanks to its lower exposure to environmental, social and governance strategies, according to Morningstar Inc.
The SEC’s Misguided Fight Against Greenwashing
So-called greenwashing by asset managers misleads investors by labeling products with false claims of ESG benefits. But the SEC’s initiative to restrain this malpractice falls short because it does not distinguish between risk- and ethics-driven ESG products.
Lessons from the Markets in 2022
Markets provided investors with a dozen lessons in 2022 (and a bonus one in the postscript).
Unsecure
The omnibus spending bill puts our retirement system on an even less sustainable basis.
Wall Street's New ESG Money-Maker Promises Nature Conservation - With a Catch
Big global banks are eying some of the world’s most fragile countries for a new experiment in financial engineering: debt relief in exchange for environmental protections.
2022 ESG Survey Deep Dive: Active Ownership Review
Our 2022 ESG manager survey findings reinforced our belief that the integration of environmental, social and governance (ESG) factors into investment processes is here to stay.
Four Steps to Grow Your Client Base
I've put together four steps to grow your client base – this month.
Total Return Outlook: Can I Have Another (Rate Hike)?
2022 was a rough year for fixed income, but we anticipate better days ahead as the Fed will likely keep rates elevated in its ongoing battle against inflation.
Healthcare Stocks: An Innovative Antidote for Volatile Times
Healthcare stocks have remained in vogue through volatile markets, driven by increased interest in the sector during COVID-19.
Things Are Getting Sticky. Prices Always Have Been.
Although inflation appears to have peaked, historical data suggests that prices are unlikely to reverse themselves, which could lead to an extended period of wage inflation.
Asia Stocks on Track to Enter Bull Market as China Rally Extends
Asia’s benchmark stock index was on track to enter a bull market, as China’s reopening and a weakening dollar lure investors back to the region.
The Warren Buffett Way to Profit From the Energy Crisis
When the Deepwater Horizon rig exploded in the Gulf of Mexico in 2010, triggering the largest-ever oil spill in the US, all eyes turned to BP Plc, the British company behind the drilling. But BP wasn’t alone in the project.
European Fixed-Income Outlook: Stay High Quality in 2023
European bond-market performance was among the worst on record in 2022, as Europe ran the gamut of geopolitical, economic and market storms.
Forward Returns Will Disappoint Compared To The Past Decade
For many investors who started their investing journey following the financial crisis, forward returns will be disappointing compared to the last decade.
Women Rarely Manage ETFs. Meet the Team Looking to Change That
The $6.5 trillion US ETF industry boomed in 2022 as innovative product debuts and market volatility fueled a near-record number of launches. But the fanfare revealed a major flaw in the space: the lack of women helming the funds.
Europe’s Coming Bond Avalanche Will Test the ECB
European governments are set to unleash a deluge of bonds into markets this year. Investors will demand either a further shift higher in yields or a substantial improvement in the region’s inflation outlook to digest the coming wave of supply...
Tesla - Has the Time of Reckoning Come?
Tesla’s shares fell by more than 14% on Tuesday, after plunging by 65% in 2022.
Marketing Insights from the Trenches
I’ve learned a lot through my work consulting with advisors. Here are some marketing insights to help you plan for 2023.
The Four Unique Risks in Decumulation
Relative to the accumulation phase, strategies that mitigate the unique risks faced by retirees in decumulation are less understood and researched. By identifying and illustrating those risks, planners can better prepare clients for retirement.
Nikko Asset Management Global Investment Committee’s Outlook
Nikko Asset Management’s Global Investment Committee recently got together to discus their views heading into 2023.
BNP Defends $20 Billion ESG Call as Downgrades Feed Controversy
The asset management arm of BNP Paribas SA said using a different interpretation of “sustainable investment” than some of its peers has allowed it to keep the European Union’s top ESG tag attached to about $20 billion worth of funds.
From Crypto to ESG, These Are US Regulators' Top Priorities in 2023
Crypto is squarely in the cross hairs of Washington regulators, with fresh calls for stricter controls before the industry can get big enough to affect the broader financial system.
The Role of Service and Partnership in Selecting a Fintech Vendor
Implementing technology that comprehensively supports every business objective is about a consultative, hands-on relationship with the vendor.
One Small Step Forward —One Giant Leap Away From Deflation in Japan
Templeton Global Equity Group weighs in on inflation’s emergence in Japan, recent monetary policy shifts, and the implications for investors.
Did The Bank Of Japan Join The Tightening Club?
A surprising shift in Japan's monetary policy.
The Outlook for Clean Energy Investing
As the world economy prepares for a true transition to decarbonization, interest in renewable energy has re-emerged as an important topic for investors. This interview features Rene Reyna, who is head of thematic and specialty product strategy for the ETFs and Indexed Strategies teams at Invesco.
An Argument for Optimism amid Pessimism: Talkin’ ‘Bout My Generation
The following article provides an important perspective on Gen Z’s entrance into the workforce.
The 2023 Web3 Investment Outlook
This wasn’t the year hoped for in the crypto and blockchain space, especially for stakeholders and investors.
Quiet Quitting? Quiet Firing? More Like Quiet Retiring
Structurally tight labor markets are providing support for tighter monetary policy, but the Fed may be fighting an uphill battle.
Vanguard Exit Has Lawyers Mapping Out Wall Street’s Top ESG Risk
At a recent climate-finance meeting attended by Wall Street giants including BlackRock Inc. and Goldman Sachs Group Inc., no one spoke until a lawyer had finished reading out a disclaimer stating the group was not a cartel.
What to Watch in 2023
Stephen Dover, Head of Franklin Templeton Institute, shares his scorecard on some market prognostications for 2022, and what his team is watching in 2023—from blockchain to balanced portfolios.
Why Is Wall Street So Hot for Biodiversity Right Now?
As climate change moved higher on the Wall Street agenda, there had been fewer indications that financial giants took similar interest in the biodiversity crisis.
The End of Zero-COVID and the Start of China’s Economic Recovery
Andy Rothman explains the three reasons why he’s now bullish on China after being cautiously optimistic.
ESG Market in US Significantly Smaller Than Earlier Thought
The US market for ESG-related products is less than half the size previously reported, according to the main umbrella organization for sustainable investing.
CPI Justifies the Market's Exuberance This Time
The battle against inflation is far from over, but markets can’t be blamed for rushing to judgment after an unequivocally positive consumer price index report Tuesday.
Closing Keynote: The Macroeconomic Perspective with Karen Karniol-Tambour of Bridgewater
Karen Karniol-Tambour is the Co-CIO for Sustainability and the former Head of Research at Bridgewater Associates, the world’s largest hedge fund. Bridgewater is highly respected for its macroeconomic perspectives and understanding of how the economic machine works. Alex Shahidi, the Co-CIO of Evoke Advisors, one of the largest RIAs in the country, has been working with Bridgewater for nearly two decades.
2023 Outlook for Emerging Markets, “A year of Two halves”
Emerging Markets (EM) assets were subject to three strong headwinds in 2022, namely, China’s zero Covid-19 and real estate crisis, aggressive interest rate tightening from the US Federal Reserve (Fed), and the Russia invasion of Ukraine.
Fund Managers Brace for ESG Correction With $4 Trillion at Stake
Asset managers are trying to digest new regulatory proposals that have the potential to upend Europe’s biggest ESG fund category.
S&P 500 ESG Index: Defining the Sustainable Core
Broad-market exposure meets sustainability. The S&P 500 ESG Index is a market-cap-weighted index that is designed to measure the performance of securities meeting sustainability criteria, while maintaining similar overall industry group weights as the S&P 500. Intentionally broad—including over 300 of the original S&P 500 companies—the index seeks to reflect many of the attributes of the S&P 500 itself, while providing an improved sustainability profile.
The Best Books of 2022
It has been my tradition to informally rate the investment-related books I read in the past year.
A Respected Analyst Is Calling For $3,000 Gold Next Year. I Believe It Could Hit $4,000
Ole Hansen, respected commodity strategist at Denmark’s Saxo Bank, says it’s possible once markets realize that global inflation will remain hot despite monetary tightening. I believe, as I’ve said before, that gold could climb as high as $4,000.
ESG Investing’s Real Problem Is a Lack of Data, Fixed-Income Pros Say
As the debate heats up over ESG investing, fixed-income professionals say they need more data than what’s currently out there.
EM Corporate Debt ESG Integration
An alpha-oriented approach.
Microsoft, Salesforce Join Startups With Products to Track Emissions
A rush of regulation and investor pressure is forcing companies to do a better job of tallying up the environmental impact of their operations and the products they sell. That’s stirring demand for software that helps businesses measure carbon emissions.
Surging Heating Costs Squeeze Landlords and Threaten Higher Rents
From homeowners renting out spare rooms to publicly traded real estate investment trusts, landlords in colder areas of the US are bracing for their heating costs to soar this winter.
Top Money Managers See Global Stocks Gaining in 2023
Some of the world's biggest investors predict that stocks will see low double-digit gains next year, which would bring relief after global equities suffered their worst loss since 2008.
Why Emerging Market Debt?
After a challenging 2022, it is time for investors to look forward to opportunities. Emerging Markets (EM) debt stands out as one place where investors can potentially take advantage of an underutilized asset class that offers attractive yields and diversification.
The Fight for ESG Retirement Options Is Kicking Off in Big Tech
At Microsoft’s annual meeting on Dec. 13, shareholders will vote for the first time on whether to support an analysis of the climate risk posed by the company’s 401(k) retirement options.
Hundreds of New ETFs Debuted This Year Even as Markets Suffered
If a crushing bear market, inflation-fueled volatility and slump in inflows was meant to cool the booming US exchange-traded fund industry, issuers never got the message.
India and Greater China: Exploring the Investment Opportunities
There’s enormous scope for India and Greater China to increase GDP per capita relative to the U.S. and other developed nations
Carbon Handprint: It's What Firms Don't Do That Counts
As global warming worries approach critical mass, corporate bond investors expect issuers to be part of the solution.
Lessons on Insane Customer Focus
The following is a story about a company that’s become wildly successful by having an intense focus on consumers’ needs and behavior.
Emerging Markets Face Risk of Policy Error Amid Conflicting Priorities
Emerging-market central banks face a Catch-22 where plunging economic growth means they can’t keep monetary conditions tight, but elevated inflation doesn’t allow them to halt rate hikes either.
Europe Tries To Get Its Finances Back In Order
Europe needs higher investments, which will only be possible with an overhaul of its fiscal rules.
The Alternative Tech Stack
Let’s look at the powerful feature set an advisory firm could put together from a collection of the higher-rated, low-market-share programs and solutions that I’ve collected from past surveys, many of which you may not even be aware of.
This Stock Strategist Says We’ll See 5% Inflation for the Next Decade
While the crypto horror show rages on, stocks have quietly rallied almost 10% in the last month amid cautious optimism that the worst of the inflation shock is over. But might it be a head-fake?
Fed Could Be Pushed by Overheated Wages to Higher Peak Rates
Federal Reserve officials have enough worrisome inflation data to consider raising interest rates to a higher peak than investors expect and potentially follow the half-point hike they’ve signaled this month with the same again in February.
U.S. Outlook: How Many More Times, Fed?
Weaker economic trends will likely form heading into 2023 as the Fed battles inflation, but a (hopefully) mild recession may help set stocks up for a better second half of the year.
It’s Official: U.S. Retirement Plans Can Consider ESG Factors
After years of uncertainty around how U.S. retirement plans could consider ESG factors, the dust is finally settling. It’s official: A Nov. 22 rule issued by the Department of Labor (DOL) allows retirement plans to consider financially material ESG factors when selecting investments and exercising shareholder rights.
ESG Fund Chaos Angers Investors as Greenwashing Concerns Mount
The asset management unit of BNP Paribas SA is stripping Europe’s top ESG designation from $16 billion worth of funds, adding to a tidal wave of reclassifications that the industry is blaming on unclear rules amid growing signs of anger from investors.
Tesla Hands Over First 'Badass' Big Rig Semis to PepsiCo
Tesla Inc. handed over the first of its electric Semi trucks, a milestone for the automaker more than five years after it unveiled the vehicle.
Weekly Market Guide
Review the latest portfolio strategy commentary from Mike Gibbs, managing director of Equity Portfolio and Technical Strategy.
S&P 500 Secures Second Consecutive Month Of Gains
Better than expected inflationary data and corporate earnings reports helped boost S&P 500 to back-to-back rallies for first time since mid-2021.
The Fed Is Now Relying on a Miracle to Save the Economy
As president of the Federal Reserve Bank of New York and vice chair of the policy-setting Federal Open Market Committee, John Williams is perhaps the second-most influential US central banker behind Fed Chair Jerome Powell.
ESG Is Taking Over the Loan Market
Ethical debt deals are set to become the majority in Europe’s market for corporate loans for the first time next year.
Bond Market Bulls Are $2.8 Trillion Better Off After Rebound
Global bonds rebounded in November, adding a record $2.8 trillion in market value, as investors bet that central banks are getting a grip on inflation. But how long the party lasts is another matter.
Energy CEOs Hit Mute Button on ESG, Hinting at Fading Interest
The top bosses of US oil and gas companies are speaking less and less about climate and carbon emissions, a signal that the industry’s public focus on ESG over the past couple of years may be fading.
The Fed Shouldn’t Raise Its Inflation Target
Some people are suggesting that the Federal Reserve consider a compromise in its battle with rising prices: Instead of imposing the full monetary tightening required to get inflation back down to its 2% target, why not increase the target a bit?
Thanksgiving Air Travel Demand Supported By Remote And Hybrid Work
Americans who work remotely, either full-time or part-time, can save between $2,000 and $7,000 in transportation and work-related costs. They can also gain back the equivalent of two to three weeks per year in commuting time.
Looking Up
Vivek Tanneeru, portfolio manager, sees structural and cyclical tailwinds converging for emerging markets equities.
Three Income Themes for Multi-Asset Investors in 2023
In one of the most challenging years for markets, 2022 brought persistently high inflation, aggressive central bank tightening and heightened geopolitical risks, leaving investors with few places to hide.
Investing for the Next Decade
Franklin Templeton recently hosted an investment forum in Singapore, and much of the dialog pointed to a growing gap in growth outlook emerging between Asia and the West.
Oil Prices Are Breaking an Old Recession Tradition
Historically, soaring oil prices have been bad for the US economy because they squeeze US consumers and producers, and often are happening when the Federal Reserve is raising interest rates to rein in inflation.
Fund Managers Find Alpha in 'Artificially Low' ESG Scores
A lack of reliable ESG data in emerging markets is proving a boon for some of the heavyweights of global finance.
Amundi Downgrades ESG Funds as Sector Faces $85 Billion Hit
Amundi SA is removing the European Union’s highest ESG designation from virtually all funds that once carried it, as it joins a growing list of investment firms that have been wrong-footed by a change in regulatory guidelines in the bloc.
Want to Know Where Crypto Is Headed? Remember 2008
All financial manias have some features in common.