Midyear Banking Review
I have experienced several bear markets as an ERISA attorney, and it’s never easy, especially with the current volatility due to tariffs....more
Stock Market Commentary - The S&P 500 Index fell 3.30% during the third quarter of 2023, with growth stocks losing slightly less than value stocks. Interest rate–sensitive stocks in the utilities and real estate sectors...more
Mainland China stock exchanges recently issued new rules on algorithm trading, as part of the continuing regulatory efforts to ensure the stability of the financial market. Investors may need to ask a number of key...more
Stock Market Commentary - Despite late-quarter volatility, U.S. stocks eked out a gain with the S&P 500 returning 0.6% for the third quarter. The index, which consists of the 500 largest U.S. companies, is up 15.9%...more
Stock Market Commentary - Thanks in part to vaccine rollouts, reopening, and monetary stimulus, the U.S. economy looks to be back on track. Along with the recovering economy, solid corporate balance sheets and robust...more
ECONOMIC REVIEW AND OUTLOOK - In this past year we were reminded again to expect the unexpected: The well-established political classes in the U.K., the U.S. and Italy learned that democracy was their Achilles’ heel, and...more
1. Despite dire predictions about how his election might affect investor confidence, the U.S. stock market is surging. Still, global markets see Trump as an uncertainty. What does a Trump presidency mean for businesses...more
Hedge fund managers—not that long ago the titans of Wall Street, thanks in part to their “2 and 20 model” that saw them receiving fees of 2% of assets under management and 20% of any gain in any year—are reeling from the loss...more