Goldman Sachs’ bear market prediction metric is at 73 percent, the highest level since the late 1960s and early 1970s, according to a CNBC.com article. The elevated level has historically…
Day: January 2, 2019
Paul Tudor Jones: Global Debt Overload Will Lead to "Scary Moments"
Billionaire hedge fund manager Paul Tudor Jones says the world has too much debt, a situation that could lead to “trouble across markets and asset classes,” according to an article…
McKinsey: Gap Widening Between Best and Worst Asset Managers
McKinsey & Co.’s annual review of the North American asset management industry (published in November) shows that in 2017, “managers in the top quartile grew revenue by 21 percent versus…