With 2nd quarter GDP clocking in at an annual rate of 2.6%, many are concerned with the overall level of growth. Since the Great Recession (2008/09), GDP growth has averaged just 2.1%, as compared to the prior two expansions: 3.2% (1992-2007) 4.1% (1983-1990) Average GDP growth since 1948 has been 3.2%, according to the St.
A study published last year by the European Corporate Governance Institute examined the compensation of the top five highest paid executives for each company in the S&P 1,500 plus 500 other public companies. It found that executives at companies in industries with high common (passive) ownership were paid 25% more than executives in industries with
Clients and friends often ask what I am worried about or what could cause a market dislocation. Based on my reading of history and living through several ‘once-in-a-lifetime’ event it is the complexity of our financial system. Here are some signs of systemic risk, according to Meraglim that make complex markets less stable: A densely
The Bank of America report on indexing last month pointed out that while the market overall seems smooth at the moment, there has been a recent spike in the volatility of stocks that are owned largely by ETFs and index funds, probably because of liquidity. With fewer shares to trade, once more are locked up
Hoarders In the second quarter of 2017, twenty-four of the largest American companies are holding on to a whopping $1.01 trillion in cash reserves, up 1.63% from the first quarter, according to analysis of second quarter earnings reports by Bank of America. Of the $1.01 trillion, just over 80% is held stashes outside the United