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News & Updates

June 22, 2016 California’s Last Nuclear Plant to Shut, Edged Out by Renewables

Source: Bloomberg

PG&E Corp. is proposing to close two reactors at Diablo Canyon in a decade that would end up costing more to keep alive as California expands its use of renewable energy,

June 21, 2016 Harvard endowment to rely more on outside managers, cuts staff

Source: Business Insider

BOSTON (Reuters) - Harvard University will rely more on outside money managers to oversee the Ivy League school's $37.6 billion endowment as it scales back on making direct stock picks, it said on Monday.

June 21, 2016 Crude Oil Declines in New York as Canadian Output Ramps Up

Source: Bloomberg

Oil slipped in New York after two days of gains as output in Canada continued to increase following Alberta’s wildfires.

June 21, 2016 Pimco Says ‘Storm Is Brewing’ in U.S. Commercial Real Estate

Source: Bloomberg

U.S. commercial real estate prices may fall as much as 5 percent in the next 12 months amid tightened regulations, a wall of debt maturities and property sales by publicly traded landlords, Pacific Investment Management Co. said...

June 21, 2016 As Fears of Brexit Ease, Wall Street Thrives

Source: NY Times

United States stocks rose sharply on Monday as investors grew hopeful that Britain would remain in the European Union.

June 21, 2016 What is socially responsible investing?

Source: Nooga

We have a lot of options for how we spend or invest our money, and as previously discussed, many people have interest in making a positive difference in the world around them.

June 21, 2016 Brexit plan for financial world' Cross your fingers

El Paso Inc. - But if Britain failed to secure a deal, commerce with Europe could be governed by the terms of the World Trade Organization, which gives member nations the authority to impose potentially steep tariffs on imports....

June 21, 2016 Yellen’s Got Data on Her Side If Congress Quizzes on the Economy

Source: Bloomberg

Federal Reserve Chair Janet Yellen will probably face a grilling about the shortcomings of monetary policy when she testifies before Senate and House lawmakers in Washington Tuesday and Wednesday.

June 20, 2016 What Financial Markets Are Saying About Inflation

Source: Seeking Alpha

The Federal Reserve has scaled back on its interest rate forecast for the next several years. Official projections indicate that FOMC members still believe that the effective federal funds rate will be at 0.9 percent by the end...

June 20, 2016 Insulating Your Portfolio From The Effects Of Catastrophic Climate Change

Source: Seeking Alpha

The world's financial markets are heavily exposed to the negative impacts of catastrophic climate change as global temperature anomalies continue to rise.

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