The emergence of “responsible investment” solutions has created an opportunity for clients to approach their portfolios more holistically and in line with their beliefs and values. The historical perception of a trade-off between optimizing returns and reflecting values is a false dichotomy.
In the 80 years since Keynes published his General Theory, few questions have been as controversial as whether or not government spending can stimulate a weak economy. New research shows that stimulus spending indeed does work, even for countries facing high debt burdens, unemployment and inflation.
The Panic of 2008 was damaging in more ways than people think. Yes, there were dramatic losses for investors and homeowners, but these markets have recovered. What hasn't gone back to normal is the size and scope of Washington DC, especially the Federal Reserve. It's time for that to change.
Rapid technological advances are transforming the global workplace. But fears that automation will permanently destroy American jobs are misplaced, according to Joe Davis. Instead, the jobs that require “uniquely human” skills will proliferate, Davis said.
Provisions of the DOL’s fiduciary rule went into effect on June 9, but the controversy over its impact on advisors and clients continues. In this live, Munk-style debate moderated by Bob Huebscher, Tom and Knut will take opposing sides on the following proposition:The benefits to investors and society of implementing the DOL fiduciary rule far outweigh the costsKnut will speak in favor of this proposition, while Tom will argue against it, covering issues such as:•Should the decision to work with an advisor who adheres to the fiduciary standard or the suitability standard be left to investors, rather than the government?•Will the rule create administrative burdens and liability risks that will discourage advisors from serving retirement clients?•Will registered representatives moving from commission-based to fee-based compensation no longer be willing to take on clients with smaller pools of retirement assets?
The hits keep coming. Hurricane Harvey left destruction in its wake, and now, Hurricane Irma has Florida in its sights.
Think that title sounds familiar? It is. We've been here before. And, as before, the "debt ceiling" is a gold mine for some politicians, journalists and analysts. A possible government shutdown, or reaching a "hard" debt ceiling, are both fun for pessimists to talk about.
Greg Dunn is a portfolio manager for Thornburg Investment Management. He manages the Thornburg International Growth Fund (TINGX), which has outperformed its benchmark by 540 basis points over the last 10 years. In this interview, he discussed his investment philosophy and what drove that outperformance.
While the Sunday morning talk shows discuss the number of Civil War monuments that can dance on the head of a pin...and a rare Eclipse grabs focus...investors might be shocked at how the economy has accelerated.