More than anything else, last week’s market gyrations illustrated the tug of war that has dominated US stocks in recent months and confined them in a range despite significant developments in the underlying dynamics. The intensifying tension between the two macro forces could lead to greater volatility and pose increasing challenges for investors. The first part of the week was ...

Fund managers are grappling with how to incorporate environmental, social and governance considerations into their portfolios. A movement that started in equities has spread across asset classes. For credit investors, the trick to investing with a conscience without hurting returns may lie with which corporate bonds they load up on as much as with those they choose to shun. Chris ...

Cash is king, unless you are in Japan. One successful trading strategy there has recently lost its luster, thanks to the Bank of Japan’s never-ending obsession with negative interest rates. When a global recession looms, investors tend to hug stocks that pay handsome dividends. Cash rewards also have appeal at corporate headquarters. Since the collapse of Lehman Brothers, the S&P ...