- What does it say about the U.S. equity markets when stocks react so violently to a Brexit vote that had a 50/50 chance of happening, and then just puff right back up again three trading days later? No offense to dead cats, but this is not a dead-cat bounce.
- The steep drop in corporate profits has economic forecasters freaking out. “There have been only two prior episodes of profits falling that much with no economic recession, in 1986 and 1951.”
- Why are there so few women in fund management? At the 20 largest U.S. asset managers, only 11% of portfolio managers are female.
- The Brexit dust may be starting to settle but the issue will be with us for at least a couple of years. Here are some things worth understanding about the U.K.'s big decision to ditch the EU. What is all this Brexit business about?
Investment Insights: The Blogblog
Jeff Benjamin breaks down the game for advisers and clients.