The idea that asset management is a mindless endeavor devoid of skill, art or judgement is a harmful one. Even cheap, automated strategies have varied outcomes. The humans behind the machines still matter.
Historically, a low presidential approval rating is a harbinger of stress in the equity markets. Trump’s rating is very low. Will this time be different?
Geopolitics, low-inflation figures, soft data and dovish Fed comments can’t seem to break the narrow trading range, says Informa’s Chief Macro Strategist David Ader.
Despite explicit threats from leaders of both countries, investors remained steady last week.
Fed rate hikes had more weight last week than the threat of nuclear war.
