Edition:
India

Megan Davies

Analysis: Investment strategy based on reducing risk faces its own challenge

13 Oct 2020

NEW YORK/LONDON A fund trading strategy that tracks hundreds of billions of dollars in assets and often gets blamed for exacerbating market selloffs is facing a challenge from the policy response to the pandemic. But fund managers said they are adapting, and new money is flowing in.

Failed U.S. stimulus talks could threaten economic recovery

07 Oct 2020

WASHINGTON The White House's sudden exit from fiscal stimulus talks with Democrats in Congress has added another level of doubt to a U.S. economic recovery that already seemed to be weakening, choking off perhaps $1.5 trillion or more in future income and spending.

How the year 2020 confounded Wall Street strategists

01 Oct 2020

NEW YORK Bank of America Corp's strategists cut their year-end forecasts for the S&P 500 index twice this year, trailing the U.S. stock market as it plummeted in a coronavirus-induced panic. Then, as the market rallied past those revised targets in the ensuing months, the strategists followed by increasing their estimates.

Market volatility prompts investors to seek out long-short equity

25 Sep 2020

LONDON, NEW YORK Stretched valuations and the resulting pullback in equities have prompted more interest in long/short fund strategies that can provide some protection against market declines and wild swings, hedge fund and asset managers say.

Levitating stocks unlikely to help Fed's economic equality efforts

28 Aug 2020

NEW YORK U.S. Federal Reserve Chair Jerome Powell tried to address economic inequalities in his landmark policy move. Still the Fed holding rates lower-for-longer may support bulging asset prices - which is unlikely to benefit the neediest and could well widen the wealth gap in the near term.

RPT-Yield curve control: even less likely, for now

20 Aug 2020

Aug 19 The Federal Reserve on Wednesday threw a bucket of cold water on implementing U.S. yield curve control as a means of keeping the cost of borrowing low, at least near term, after investors formerly thought it could be announced as soon as September.

Yield curve control: even less likely, for now

20 Aug 2020

Aug 19 The Federal Reserve on Wednesday threw a bucket of cold water on implementing U.S. yield curve control as a means of keeping the cost of borrowing low, at least near term, after investors formerly thought it could be announced as soon as September.

World News

Biden picks diverse team of top economic advisers

President-elect Joe Biden named former Federal Reserve Chair Janet Yellen as his Treasury secretary nominee on Monday, and named three women to other top economic posts, setting the stage for a more diverse White House.