CalPERS’ Private Equity Portfolio Continues to Earn Way Too Little for the Risk
CalPERS private equity returns are not pretty, but at least the giant pension fund seems to recognize private equity’s glory years are past.
Read more...Category Archives: Investment outlook
Biggest Gasoline Glut In 27 Years Could Crash Oil Markets
High gasoline and crude inventories do not bode well for oil prices this year.
Read more...Are Fossil Fuel Companies Telling Investors Enough About the Risks of Climate Change?
A growing body of academic research suggests that investors already have enough information to accurately assess the impact of climate change
Read more...Wolf Richter: “Seriously Delinquent” Auto Loans Surge
Auto loans are have been looking awfully bubbly….and the hangover has begun.
Read more...“In Case You Thought Trump Was Imploding….”
A cool-headed look at some Trump indicators.
Read more...China Banks in 2017: No Rebound in Sight, Rising Risks for Smaller Banks
Why there is no cause for cheer on the China banking front.
Read more...Wolf Richter: Central Banks Quietly Backing Out of Negative Interest Rate Policies (NIRP)
Are central banks finally beating a retreat on their failed NIRP strategies?
Read more...Baby Boomers Retirement Begins To Drain Cash in the US
Baby boomers must start retirement account withdrawals at age 70 1/2 and some do earlier of necessity. Will that affect markets?
Read more...The Fed in an Age of Uncertainty
How uncertainty over the wisdom of the Fed starting to tighten in 2017 and its reading of Trump policies might impact other economies.
Read more...Wolf Richter: What’s Going on with the Banks? Citi Cuts Goldman to “Sell,” after Goldman Cut Citi to “Neutral”
Citi and Goldman downgrades suggest the Trump trade may be overdone.
Read more...Ambrose Evans-Pritchard: Trump Effect Won’t Stop Credit Crunch
Forecasts for the US depend heavily on what Trump might actually get done. Ambrose Evans-Pritchard thinks Mr. Market is out over his skis.
Read more...Nomi Prins: My Political-Financial Road Map for 2017
Some specifics of why political risk and central bank policy will make for a wild ride in 2017.
Read more...Wolf Richter: What the Heck’s Happening to Our Share Buyback Boom?
Is the share buyback boom going down the drain, putting this wondrous stock market at risk?
Read more...Can Uber Ever Deliver? Part One – Understanding Uber’s Bleak Operating Economics
Uber’s financials statements and economics shows a complete lack of progress towards profit and no reason to expect significant improvement.
Read more...Wall Street Journal Puts Foot in Mouth and Chews Via False Claim That Tax Law Change Would Lead US Companies To Move Cash to US
Yet again, we ebunk the myth that tax gaming leads US companies to hoard cash overseas. Tax accounting has nada to do with where money sits.
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