Pension Spending Shows Big Impact on Economy: NIRS Report
In 2014, retiree spending of pension benefits generated $1.2 trillion in total economic output, supporting 7.1 million jobs, according to the report.
Has the Bond Market Peaked?
The broad strengthening this year in the bond market “doesn’t normally happen,” and the market will “recalibrate” at some point, Schwab’s Kathy Jones said.
Global Investors Hike Cash Levels in September: BofA Merrill Lynch
Forty-two percent of global investors said high cash levels were a “bearish view on markets.”
JPMorgan’s Dimon Says It’s Time for Fed to Raise Interest Rates
JPMorgan Chase's chairman and CEO said a "return to normal is a good thing" in his call for a rise in interest rates.
Fed Officials’ Comments Suggest No Rate Hike Next Week
Stocks gained Monday as observers interpreted comments by Fed officials as a sign that rates will be maintained when FOMC meets Sept. 21.
Goldman and Citigroup Divided on Whether Bond Rout Will Persist
Garzarelli of Goldman sees Treasury yields at 2% by early 2017; Aviva, Aberdeen join Citigroup in seeing no extended losses.
Stocks Sink With Bonds; Dollar Rallies as Complacency Broken
Stocks suffer biggest drop since Brexit; S&P 500 plummets almost 2.5% Friday, but the dollar climbs.
Gundlach: Time to Be ‘Defensive’ With Bonds
DoubleLine executive says the Fed seems determined to raise rates, which are “sort of rising already.”
Can Actively Managed ETFs Gain Traction?
There are 150-plus active ETFs trading today with total assets near $27 billion but can their growth continue amid strong demand for passive ETFs?
Top 20 Largest Pension Funds in the World
Research shows assets fell 3% in 2015 for the world's 300 biggest funds, but growth since financial crisis is up 19%.