U.S. public pensions posted their weakest performance in three years, falling a percentage point short of their investment targets, and the prospect of rock-bottom interest rates and a trade-war induced recession could put a greater strain on state and city retirement plans.
The fate of the world’s largest exchange-traded fund rests on the health of a group of twenty-somethings.
The likelihood of a U.S. recession in the next 12 months rose to 35% in an August survey of economists, from 31% forecast previously, as global trade tensions fuel economic uncertainty.
As stocks whipsawed over the past week, hedge funds took a stance that’s hard to frame as bullish, intensifying bets against the market and limited long positions to a shrinking group of companies.
The stampede into haven assets has been so swift that an exchange-traded fund focused on long-term Treasuries is notching up its biggest advance in eight years.
President Donald Trump stepped up his relentless assault on the Federal Reserve in a series of Wednesday morning tweets that renewed his demand for “bigger and faster” interest-rate cuts.
AllianceBernstein Holding LP is signaling that it may enter the exchange-traded funds business by advertising a job opening for an important role overseeing ETF trading.
Citigroup Inc. has grown concerned the U.S.-China trade war will persist long enough to dent any potential profit rebound for corporate America.
The latest eruption in the U.S.-China trade dispute pushed a widely watched Treasury-market recession indicator to the highest alert since 2007.