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News & Updates

October 12, 2017 Goldman Says ESG Investing Has Gone Mainstream

Source: Financial Advisor Magazine

The group is working with public and private sector clients, Goldman Sachs officials said. Clients include the New York State Common Retirement Fund, with a $2 billion risk-aware, low-carbon equity strategy, and a $1.1 billion...

October 12, 2017 Why Nobel economist Thaler says he's nervous about stock market

Source: Chicago Tribune

"We seem to be living in the riskiest moment of our lives, and yet the stock market seems to be napping," Thaler said, speaking by phone on Bloomberg TV Tuesday. "I admit to not understanding it." ADVERTISING The S&P 500...

October 12, 2017 Dollar suffers from Fed's inflation headache

Source: Reuters

LONDON - The dollar sagged on Thursday after the U.S. Federal Reserve showed a more guarded view towards inflation, but that did not derail a rally in stock markets that pushed Asian shares to their highest in a decade.

October 12, 2017 Bitcoin Just Smashed Through the $5,000 Barrier Again. Here's Why

Source: Fortune

Remember bitcoin’s big crash in September? It was caused by Chinese regulators cracking down on the cryptocurrency and figures such as Jamie Dimon talking it down. But for investors who held their nerve, the crash may as well...

October 12, 2017 Sustainable Funds Universe Continues to Expand

Source: Morningstar

The universe of sustainable funds in the United States continued to grow in the third quarter, with five new fund launches and positive estimated net flows that keep the group on track for a record year of attracting new assets.

October 11, 2017 Speed up Brexit transition talks or deal will be worthless, says UK's Hammond

Source: Reuters

LONDON (Reuters) - British finance minister Philip Hammond said on Wednesday the value of a transitional Brexit deal would decline rapidly if talks to agree it drag into next year, but said it was too soon to spend money on...

October 11, 2017 Wal-Mart sees 40 percent online sales growth next year, shares rise

Source: Reuters

Wal-Mart Stores Inc (WMT.N) on Tuesday forecast a 40 percent rise in U.S. online sales next year as it ramps up competition with Amazon.com Inc (AMZN.O), boosting shares of world’s biggest brick-and-mortar retailer to the highest...

October 11, 2017 Fed's Evans Says Weak Inflation May Not Be Temporary Phenomenon

Source: Bloomberg

https://www.bloomberg.com/news/articles/2017-10-11/fed-s-evans-says-weak-inflation-may-not-be-temporary-phenomenon

October 11, 2017 For Republicans, ‘Failure Is Not an Option’ on Tax Cuts

Source: NY Times

WASHINGTON — Republicans are staggering, knocked off kilter by internecine conflict between President Trump and his own party in Congress. Incumbents are under aggressive challenge from conservative activists. Frustrated veteran...

October 11, 2017 Oil rises on tighter market, but doubts swirl on sustainability

Source: Reuters

LONDON - Oil prices edged higher for a third day on Wednesday as OPEC said the market was gradually tightening after years of oversupply, but the 2018 outlook was less certain.

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