Recent

Jamie Dimon: Get Ready For 7% Global Rates As "Sugar Shock" Fades

In an interview with the Times of India published on Tuesday, the CEO of America’s largest bank said that while he “hopes and prays there is a soft landing” for the U.S. economy, an uncertain macroeconomic backdrop and a deepening government deficit means “no one knows” where America is headed.

ESG Funds Shuttered Amid Political Backlash and Investor Scrutiny

Several money managers, including BlackRock, State Street, Columbia Threadneedle, Janus Henderson, and Hartford Funds, have closed more than two dozen sustainable funds in the US this year, according to Morningstar data. The closures come as interest in ESG investing wanes amid political backlash and disappointing returns. Some funds struggled to attract assets, while others underperformed due to their weighting towards growth strategies.