The banking system is under stress on multiple fronts. Stress from the pandemic. Stress from a defeated presidential candidate and his coterie of enablers, denying the results of the recent election, fomenting rancor and unrest and deepening the country’s ideological divide, all the while insisting that “we are rounding the turn,” even as coronavirus cases… Read More >>
Hedge Funds Fear Burnout for Remote Staffs: Survey
Many hedge fund managers expect clarity will come in 2021 for a real recovery from the pandemic-induced downturn, and for how to safely return to their offices. In the meantime, they have major concerns about the impacts of remote working upon their staffs, possibly causing burnout for some of them. These are some of the… Read More >>
Asset Mispricing via the Crisis Tops Concerns: Survey
It is nearly impossible to draw useful conclusions about the effects of the economic crisis that we find ourselves in as a result of the lockdown caused by the COVID-19 pandemic. But, a month ago, the CFA Institute released the results of a major survey of its membership that points to big concerns over mispricing,… Read More >>
Navigating Nervous Markets Without Clarity
To say the least, there is a great deal of nervousness about the economy and, particularly, the “R” word. If it’s any comfort, finding a clear consensus among economists about whether and when there might be an economic recession is mostly impossible as the results from a recent survey underscore. The survey in question is… Read More >>
