Manager Selection
Get Ready for an Earnings Slowdown
Why Ned Davis says EPS, super-charged now, will decelerate.
News Archive: Sep - 2021
Will Higher Savings Propel the Economy? Maybe Not
To Larry Summers, today’s trove of saved-up cash will juice consumer spending. TS Lombard is skeptical, due to the persistent virus.
Pensions
State Pensions Reach Highest Funded Level in 13 Years
US public employee pension plans are projected to be more than 80% funded on average.
Pensions
NYC Comptroller: Police Withdrawal of Pension Group ‘Defies Logic’
Scott Stringer also taps Eneasz Kądziela to oversee city pension funds’ $18 billion private equity portfolio.
Regulation
Powell or Brainard? The Next Fed Chair Makes Little Difference, Wells Fargo Says
Some see big contrasts between the Republican incumbent and his reputed rival.
Asset Allocation
Twitter to Pay $809.5 Million to Settle Securities Fraud Lawsuit
The social media company was accused of concealing from investors its stagnant user growth and declining user engagement.
Breaking News: Interim CIO Announced at FL SBA
As Ash Williams plans to retire in 9 days, Florida announces interim.
WHAT'S BUZZY
China, Says Chanos, Is a ‘Terrible Place to Keep Your Money
A long-time bear on the Middle Kingdom, the famed short-seller is double spooked by Evergrande.
Corporate Moves
Northern Trust Taps Angelo Manioudakis as Chief Investment Officer
The co-founder of Lantern Harbor Investment Partners will oversee more than $1.2 trillion in assets under management.
Alternatives
Gensler Stands Up for the Robinhood Gang
It’s OK for meme investors to collaborate on social media, the SEC boss says. Too bad for short sellers.
Asset Allocation
States Divest Unilever Stock Over Ben & Jerry’s Boycott
New Jersey and Arizona are pulling a combined $325 million out of the consumer goods giant after the ice cream maker said it would stop selling in Israeli-occupied territories.
Alternatives
Why Investors Are Flocking to Uranium
Nuclear power, long on the greens’ ban list, is finding new life, oddly due in part to concerns about fossil fuels.
Manager Selection
Madoff Victim Fund Distributes Another $568 Million
The seventh distribution brings the total compensation to victims of the world’s largest Ponzi scheme to more than $3.7 billion.
Market Moves
Buy the Dips Is So … Last Month
Investors’ habit of bagging stocks during temporary slips could be going away, El-Erian warns.
WHAT'S BUZZY
So, the Market Outlook Is Cloudy, Huh? Not to JPM
The firm has a sunny view for stocks up ahead, differing from the likes of Goldman and BofA.