It’s for their own good, so regulators say. Starting this month, the United Kingdom is requiring companies to set aside more retirement savings from the paychecks of some 10 million workers. But while the employees will hopefully get long-term benefit out of the change, experts say businesses may see some early fretting from workers. Read more here.
By SIMON CONSTABLE Beleaguered energy stocks might get a boost if only the industry could win over Gen Z. That's the finding of a recent report from British bank Barclays which found that just 19% of 18-24 year-olds, a.k.a. the leading edge of so-called Generation Z, would consider buying energy stocks. Read more here.
Constable featured in U.S. news periodical The Week on April 20.
An investment fund that focuses specifically on companies that target Millennials has struggled to generate interest despite very strong returns, said Simon Constable at The Wall Street Journal.
By SIMON CONSTABLE Shares of trucking company J.B. Hunt Transportation Services were falling in premarket trading Tuesday after first-quarter earnings and revenue missed analysts' forecasts. Read more here.
By SIMON CONSTABLE If you aren't already betting on metals and mining stocks, you ought to consider doing so now. A likely rebounding Chinese economy should help boost demand for metals and materials, which in turn should help further lift the mining stocks, such as those held in the iShares MSCI Global Metals & Mining Producers exchange-traded fund. Read more here.
By SIMON CONSTABLE The United Kingdom’s political class may be hopelessly divided on separating from the European Union, but they are surprisingly in agreement on another controversial subject: regulating technology companies. Read more here.