Michael Cembalest analyzes the performance of over 6,700 domestic and international active equity managers, and discusses the challenges they face outperforming at a time of markets distorted by quantitative easing.
Explores how institutional investors should reconfigure portfolio allocations/strategies in a world of low returns.
There are things the government can try and fix during a pandemic and other things which it can't.
In this week's note, we take a close look at country and regional virus data, and examine the pitfalls of over-extrapolating trends that often reverse.
There are some difficult days ahead as quarantines and lockdowns grow. I want to share something with you from John Stuart Mill as we head into the unknown.
A brief comment on a proposal from leading Presidential candidates to ban hydraulic fracturing everywhere, immediately.
Michael discusses his forecast for 2020, which entails a modest recovery in global growth and profits after trade-war weakness in 2019.
An update from the front lines of the Trade War, with a focus on implications for investors
A lot of data is being made available on the coronavirus, but most of it requires careful analysis before drawing conclusions.
Eye on the Market: The Verdict