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    Text size Dreamstime About the author: Jeffrey Schulze, CFA, is a director and investment strategist at ClearBridge Investments, a subsidiary of Franklin Templeton. The U.S. economy is at an inflection point. With a recession appearing more and more likely, many investors are wondering when a durable equity market bottom may be formed. Pessimism concerning future corporate ...
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    Text size The Chips Act provides $13.2 billion focused on R&D and workforce development. Dreamstime About the author: Stanley Litow is Accenture professor of the practice at Duke University and a trustee at the State University of New York. He previously served as president of the IBM Foundation and is the co-author of Breaking Barriers: How P-Tech Schools ...
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    About the author: Leslie Lipschitz is former director of the IMF Institute, has taught at Johns Hopkins University and Bowdoin College, been a guest scholar at the Brookings Institution, and an advisor at Investec Asset Management. The financial market ructions in the United Kingdom, precipitated by the policy statement of Chancellor of the Exchequer Kwasi Kwarteng ...
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    The Securities and Exchange Commission has a busy rulemaking agenda, and brokers and advisors can look ahead to new regulations concerning cybersecurity and safeguarding clients’ personal information. Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC) Al Drago/Bloomberg The commission is currently reviewing the comments it received for its cybersecurity proposal, but Chairman ...
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    Text size It’s a relatively quiet week, before the storm of third-quarter earnings season picks up in mid October. A handful of major companies report this week, while the economic-data highlight will be the Federal Reserve’s preferred inflation measure. Cintas and Paychex report on Wednesday, followed by Nike , Micron Technology , and CarMax on ...
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    State securities officials opened more than 5,300 investigations into financial advisors and other market participants last year, leading to more than 1,600 enforcement actions, according to the North American Securities Administrators Association, a group composed of state-level regulators in the United State, Canada, and Mexico. Nasaa reported that its members last year opened 678 investigations ...
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    Jens Nordvig grew up in Denmark when the country was facing bankruptcy. In the fifth grade, he started researching how a nation could find itself in such a precarious financial position, eventually giving his classmates a presentation on government and external debt. Nordvig eventually became an economist, and later, co-head of global currency research at ...
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    Text size The Federal Reserve building in Washington. Graeme Sloan/Bloomberg Interest rates have further to rise amid persistent inflation, while the labor market remains too strong for its own good. So says Charles Lieberman, former chief economist for one of the major New York banks that eventually was swallowed up by JPMorgan Chase. Of even ...
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    Text size Michael Pettis, professor of finance at Peking University in Beijing. Billy H.C. Kwok/Bloomberg Everyone knows there is a currency crisis across many large economies, due largely to a muscular U.S. dollar, but few realize the squeeze placed on Chinese policy makers. Even within a government that directly controls its currency—unlike most developed market ...
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    Elias Stein Text size Enterprise-software stocks have been beleaguered of late. But depressed valuations lure bargain-conscious private-equity buyers. On Wednesday, Ping Identity , which sells identity-security software, announced a deal to be acquired by Thoma Bravo for $28.50 a share, or $2.8 billion. Ping went public at $15 a share in September 2019 and sold ...