by Bloomberg.com | Feb 7, 2024 | AlphaTack Intel
Funds focusing on small caps, niche plays have taken a hit A gauge of actively managed stock funds is down 16% this year Some onshore funds that weathered the Chinese stock rout last year are losing their shine, as recent losses highlight the challenges of investing...
by Liberty Street Economics | Feb 7, 2024 | AlphaTack Intel
Following our post on racial and ethnic wealth gaps, here we turn to the distribution of wealth across age groups, focusing on how the picture has changed since the beginning of the pandemic. As of 2019, individuals under 40 years old held just 4.9 percent of total...
by Liberty Street Economics | Feb 7, 2024 | AlphaTack Intel
Wealth is unevenly distributed across racial and ethnic groups in the United States. In this first post in a two-part series on wealth inequality, we use the Distributional Financial Accounts (DFA) to document these disparities between Black, Hispanic, and white...
by Bloomberg.com | Feb 7, 2024 | AlphaTack Intel
Europe reluctance to take hard line on China looms as irritant Tariff hikes, countermeasures on Europe digital taxes in play Donald Trump is targeting the European Union for a potential slew of punitive trade measures designed to address long-standing grievances...
by Liberty Street Economics | Feb 6, 2024 | AlphaTack Intel
The New York Fed’s Center for Microeconomic Data released the Quarterly Report on Household Debt and Credit for the fourth quarter of 2023 this morning. Household debt balances grew by $212 billion over the last quarter. Although there was growth across most loan...
by NationalReview.com | Feb 6, 2024 | AlphaTack Intel
The Fed isn’t going to cut rates in May. Wages are growing and productivity is growing, too. But it may not be able to cut rates anytime soon. Here’s why: A record $8.9 trillion of government debt will mature over the next year, see the first chart below. The...