INVESTMENT MANAGEMENT

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J.P. Morgan's Kelly Says Economy Far From Miserable, Sees Rate Cut This Year

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Strategist David Kelly noted that the so-called "misery index" is at one of its lowest points in 60 years.

Jerome Powell Offered Markets A Reprieve. It Vanished In A Blink

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Investors are now unsure if rates will be cut at all this year.

U.S. Labor Costs Rise By Most In A Year As Productivity Cools

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Productivity rose at a 0.3% annualized rate after a 3.5% gain in the prior period.

Bitcoin Slump Triggers Warning Of 'Trouble Ahead' For Global Markets

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Some see the cryptocurrency's slide as a sign that investors are growing averse to risk.

Does The Growth Rally Have Extra Innings?

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Market strategists evaluate the crowd enthusiasm and ponder a pivot to value.

The Art Of Trouncing An Index

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The Needham Aggressive Growth Fund has a knack for finding big winners.

Over Three-Quarters Of Baby Boomers Will Stay Put In Homes As They Age

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They have big financial incentives to stay put in their homes, Redfin found.

A Biden Victory Favors Growth Stocks; Trump Would Benefit Value

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Both candidates appear unlikely to address the federal debt time bomb.

Actively Managed Funds Hemorrhage Client Cash In ESG Upheaval

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Passive ESG funds have proven to be more appealing to investors, according to Morningstar.

Pot Stocks Surge On Report DEA Set To Reclassify Marijuana

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Such a move could eliminate some taxes in the cannabis industry.

A Drought Of Treasury Bills Risks Muddying End Of Fed's Balance-Sheet Tightening

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Traders are wary that the dwindling amount of notes available could fall far short of demand.

Rogoff Says Markets Will Thwart Any Political Pressure On Fed

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Market reactions would throw a "cold bucket of water" on any president who tries to manipulate the Fed, he said.

Wall Street's 'Macro Agnostic' Tech Trade Shatters ETF Records

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Big tech companies are being viewed by investors as shares that can withstand anything the economy throws at them.

Bitcoin Faces Worst Month Since FTX Crash With ETF Demand Cooling

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The 11 U.S. spot bitcoin ETFs have seen outflows of $182 million this month.

Commodity ETFs Pull In Most Cash Since 2022 On Sticky Inflation

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Commodity bulls argue that strong underlying consumption ultimately means the sector will benefit.

Labor Costs Rise By Most In Year In Sign Of Wage Pressures

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The index that measures wages and benefits increased 1.2%.

Advisors Need To Rethink Their Diversification Strategies, Morningstar Says

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It's time to look past old reliables like real estate and high-yield bonds, a new Morningstar report says.

Fidelity: Inflation May Be Down, But It's Not Out

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The firm's lead inflation analyst thinks 3% inflation could linger long term.

In-Demand Workers Are Staying Put As Labor Market Cools

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The slowing churn may be good news for the Federal Reserve.

Hedge Funds Step Up Purchases Of Tech Stocks, Goldman Sachs Says

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Hedge funds were net buyers of the sector for a fourth straight week.

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