The current growth cycle in equities has been “elongated” by the U.S. tax cuts that went into effect earlier this year, said Robert P. Browne, chief investment officer of Northern Trust Corp., Chicago.
“You can’t ignore … whether there’ll be a recession in the next five years,” said Mr. Browne, who co-authored a five-year capital markets analysis the bank released Sept. 3, which is available on Northern Trust’s website.
European stocks have underperformed the U.S. for so long they simply must catch up — that’s been said before, only to end in frustration. But the right conditions may soon fall into place, according to Europe’s largest asset manager.
Large public pension plans that were more heavily weighted toward U.S. equities than international stocks found themselves seeing double-digit returns well above their benchmarks in the fiscal year ended June 30.
Australia has ordered an investigation into the discovery of sewing needles hidden in strawberries, amid growing alarm over scares across the country.
Contaminated punnets have now been reported in six states and territories. A minister called it a “vicious crime”.
CAIRO – Egyptian archaeologists draining water from a temple in the southern city of Aswan have uncovered a sandstone sphinx likely dating to the Ptolemaic era, the antiquities ministry said on Sunday.
What started as a fascination with capturing photos of the highly venemous blue-ringed octopus has led one man to a world of fascinating miniature marine life living under our noses.
Jumping into the frigid Pacific Ocean for a winter night dive in search of creatures that generally want to hide from you sounds like a tough gig.
Beijing demands an apology over ‘brutal abuse’ of three Chinese tourists by police in Stockholm
A disagreement between Chinese tourists and a hostel in Stockholm over check-in time has turned into a diplomatic spat between China and Sweden, with Beijing criticising Sweden for violating the human rights of Chinese citizens.
WASHINGTON — Time Magazine is being sold by Meredith Corp. to Marc Benioff, a co-founder of Salesforce, and his wife, it was announced Sunday.
Meredith announced that it was selling Time magazine for $190 million in cash to Benioff, one of four co-founders of Salesforce, a cloud computing pioneer.
HONG KONG: Workers in the world’s richest countries are getting their biggest pay bump in a decade, a step toward solving a labor market puzzle that’s unnerving central bankers.
BCC predicts fall to 1.1% this year and 1.3% in 2019 amid Brexit uncertainty
The British Chambers of Commerce (BCC) has downgraded its prediction for UK growth this year and the following, joining a growing number of forecasters that warn Brexit uncertainty has sapped the economy’s strength.
Wall Street Gains Ground as It Notches a Winning Week and Another Dow Record
Average Rate on a 30-Year Mortgage in the US Rises to Highest Level Since July
Bitcoin is jumping again, setting another new high above $99,000
The number of Americans applying for unemployment benefits fell again last week, remaining near seven-month lows
Meritage Homes Co. (NYSE:MTH) Shares Purchased by Intech Investment Management LLC
UDR, Inc. (NYSE:UDR) Stock Position Increased by Daiwa Securities Group Inc.
Swiss National Bank Buys 249,100 Shares of GameStop Corp. (NYSE:GME)
Costco Wholesale (NASDAQ:COST) Stock Price Up 2% – Here’s What Happened
Australia Rejects Elon Musk’s Claim That It Plans to Control Access to the Internet
Swiss Voters Reject More Powers for Landlords on Subletting
