Risk
Just How Would a Ukraine War Affect Stocks?
History says it wouldn’t be so bad, per LPL’s Detrick—but his stats show it’s worse when the US ends up in a conflict.
Tag: Joe Biden
How a Chinese Takeover of Taiwan Would Affect Investments
The chip-dependent global economy would take a hit. But maybe Beijing could at least do the deed sneakily, with no war. Think Hong Kong.
Newsmakers
Powell’s Stock Market Performance: So-So Versus Fed Peers
Of all 16 Federal Reserve chiefs, the current one—who may or may not get a second term—is No. 7 in Dow returns, says CFRA.
What’s Both Cool and Hot? Wind and Solar Power Investments, Allocators Say
Seeing lush future profits, institutions are diligently investing in these two renewable energy sources.
Alternatives
Wells Fargo: Ax Natural Gas Too Early and the Green Energy Agenda Suffers
Gas, touted as the bridge between fossil fuels and renewables, is vital to ensure a smooth shift, a report argues.
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
Jerome Powell Won’t Get a 2nd Term as Fed Head, Says JPM Economist
The Democrats’ left wing will want a kindred spirit, rather than the GOP-appointed incumbent, Michael Feroli thinks.
You Think M&A Is Hot Now? Wait for the Tax Effect, Says Schwarzman
Blackstone chief sees Biden’s planned boost for the capital gains levy as spurring more deals.
Will a Trimmed-Down Biden Program Zap Stocks?
Investors have been expecting further stimulus to keep juicing the markets, economist Lavorgna warns.
Market Moves
Dimon: Minimum Tax on Corporate Proceeds Abroad Is a Very Bad Idea
JPM chief, joined by Citi’s Fraser, says Biden plan will backfire on the US.
Market Moves
Sell in May? Well, Maybe Rebalance, Say Two Market Sages
The fact remains that stocks historically don’t do much from now till October.
How Pension Plans Are Investing Lucratively in Toll Roads
The cash flow is solid, except for occasional problems like pandemic-reduced traffic volumes.
Research
Biden’s First 100 Days Are the Third Best … in the Stock Market
With the Dow ahead by 9.9% over the period, he is bested only by FDR and Taft.
Market Moves
Don’t Worry: Higher Cap Gains Tax Won’t Zap the Market, UBS Says
And it probably won’t be as high as Biden wants, Goldman adds.
Pensions
Investors Should Decarbonize Portfolios by 10% Annually, MSCI Says
The firm laid out plans for asset owners, managers, and other participants in a call to action this week.