Unprecedented Territory—and the Inherent Limits of Diversification

Jay Kloepfer discusses the concurrent declines in the equities and fixed income markets at the beginning of 2022.

Stocks Rebound in 2Q20; Fixed Income Sees More Modest Returns

U.S. stocks posted double-digit returns, with big gains in global ex-U.S. markets. Treasuries were range-bound during the quarter and most fixed income indices posted solid but not spectacular returns

Main Street vs. Wall Street

While Wall Street was in celebration mode, much of Main Street continued to suffer. Against the backdrop of stellar asset price performance, rising cases of the virus in the U.S. tempered optimism going into quarter-end

A Look at the New Communication Services Sector

The Global Industry Classification Standard will undergo its biggest shift ever when the Telecommunication sector is revamped into a new Communication Services sector at the end of September to better reflect changing communication methods.

Last Year, Not Last Week, Was Unusual

By Mark Andersen and Jay Kloepfer The S&P 500 entered correction territory last week, plunging more than 10 percent in five trading days after volatility exploded on Feb. 2. Investors betting on continuing low volatility saw big losses, and markets around the globe shuddered in response. As last week lurched along, with sharp reversals on […]

How Index Changes May Affect Investors

UPDATED: After consulting with index users and other parties, FTSE Russell recently announced that it would exclude some securities issued by companies with unequal voting rights from its indices, following its decision to exclude shares of Snap, the popular social media company that recently went public with zero voting rights stock. S&P Dow Jones also […]