Rate cut marks Fed’s policy direction shift
market snapshot
Index investing and Dr. Frankenstein’s creation
Introduced in 1957, the S&P 500 is the most widely cited US equity index, with more money managed to it, by far, than any other benchmark. As such, it has become a proxy for the health of US investors, corporate America and the overall economy. Initially a tool for measurement and understanding, the S&P has […]
ECB holds rates as France struggles with debt crisis
market snapshot
Bond markets fret over rising budget deficits
market snapshot
How far does the Fed’s influence extend?
Considerable airtime, ink and pixels have been devoted to when the Federal Reserve (Fed) will resume its easing cycle. Chair Jerome Powell’s speech in Jackson Hole has certainly put the September meeting in play. But while Fed policy definitely impacts interest rates in the 0-2-year space, the influence out the US Treasury yield curve varies […]
Future looks brighter for Germany
Germany’s economy has long been stagnant. With real GDP up just 0.3% since the fourth quarter of 2019 (versus a 12.0% gain in the US), it was beginning to look again like the ‘sick man of Europe,’ a label it acquired in the late 1990s. The country has been buffeted since Covid by multiple shocks: […]
A tech transformation for China?
market snapshot
US inflation hits 2.7%
market snapshot
What sets quant apart from traditional investors?
Video transcript Actively managed investment funds bring the expertise of professional portfolio management to the masses. So, how do the stock pickers of equity funds decide where to invest their clients’ money? Well, it depends on the fund, but many of the approaches fall into two categories: traditional human-led bottom-up investing and the wide spectrum […]
South Korean stocks soar on governance reform hopes
market snapshot
