Foreign developed markets continued to outpace the U.S. boosted by a weaker dollar, supporting our strategy of maintaining diversified portfolios during what is likely to be a
Top-of-mind economic news as we start the week: — First Republic was acquired by JP Morgan Chase in a deal brokered by the FDIC, which will assume some of the losses on
What distinguishes impacting investing at LNWM/WAM for clients who want to invest for financial return as well as environmental and social benefit? Chief Impact Officer Justin
— The US Treasury Dept. proposed a new process for spotting risky banks and including non-bank financial companies for supervision, after March bank failures. — US
We have been saying for a while now that the Federal Reserve’s accelerated and aggressive interest rate increases risk breaking something. The first instance of that happene
Top-of-mind economic news as we start the week: — S&P 500 earnings for 1st quarter 2023 are expected to be down 6.7%, on average, based on latest analyst estimates
Despite a campaign promise to raise taxes on higher income households, the Biden Administration has so far not been successful in doing so. The latest efforts on this are cont
Top-of-mind economic news as we start the week: — The US economy added 236,000 jobs in March, the lowest level since Dec. 2020, a sign of still-strong but slowing job cr
It is way too early, we think, to take the market rebound as a sign that all is well. We are likely in the midst of a market regime change for a variety of reasons, the ramifi