Lock Down the US to Save It from Virus, Ackman Says
‘Hell is coming,’ the activist investor admonishes, calling for more stringent measures while the nation reels economically.
Coronavirus – COVID-19
Norges Bank Draws Down Oil Revenues to Ease Coronavirus Impact
Norway’s central bank is ramping up spending amid greater calls from the government for a stimulus package.
Investors ‘Double Down’ on Alts Amid Market Turmoil
Market concern is increasing investors’ appetite for alternative assets.
More Public Plans Ramp Up Social Distancing Because of Coronavirus
Plans in Massachusetts, Mississippi, and other states assure retirees that benefits won’t be delayed, but suspend counseling appointments.
And Now, the Case for a 2020 Recession
IHS Markit sees one hitting in the second quarter and lasting to year-end.
Aussie Pension Suspends Its Short Selling-related Stock Program
Unisuper cites its ineffectiveness in helping the current market situation.
Flagship Bridgewater Fund Reportedly Tumbles 20% From Coronavirus
Founder Ray Dalio has admitted being taken by surprise by the economic impact.
Possible CalPERS Coronavirus Case Forces Investment Meeting Cancellation
The CalPERS headquarters was also closed Monday, the same day as the scheduled meeting.
Crisis Creates New Class of High-Yielding Stocks
Leuthold’s Opsal identifies 148 of them yielding more than 4%.
February Volatility Wipes Out $71 Billion in US Corporate Pension Funding
The funded ratio of the 100 largest US plans fell to its lowest level in over three years.