Tuesday, July 9, 2019

WSJ: Index-Fund Firms Gain Power, But Fall Short in Stewardship, Research Shows

By SIMON CONSTABLE

The three largest index-fund managers have grown so big that they ultimately could hamper the performance of public companies and the economy, according to research from corporate-governance scholars. 

The researchers—Lucian Bebchuk, professor of law, economics and finance at Harvard Law School, and Scott Hirst, a law professor at Boston University School of Law—recently published two papers that raise issues for investors. Read more here.

WSJ: Cannabis ETFs Aren’t the Same

By SIMON CONSTABLE

A burning desire for pot stocks may leave unwary cannabis investors with more speculative investments than they realize.

Take two exchange-traded funds focused on the cannabis industry: ETFMG Alternative Harvest (MJ) and the recently launched AdvisorShares Pure Cannabis (YOLO). While they both purport to track the same industry, they are actually quite different. Read more here.


Cannabis Plants
Chmee2CC BY 3.0, via Wikimedia Commons

WSJ: What Is a Stock Rerating?

By SIMON CONSTABLE

When Wall Street analysts use the terms “rerating,” “rerate” or “derating,” they are talking about something at the heart of the investing process: changes in investor sentiment. Read more here.

Tuesday, July 2, 2019

Korn Ferry: Just Four Workdays in the UK?

By SIMON CONSTABLE

While the United Kingdom continues to figure out how to depart from the European Union, a number of the country’s politicians are debating whether to break away from a far more ensconced institution: the five-day workweek.

The UK’s Labour Party is considering a proposal to trim the five-day week for public-sector workers down to four. That comes, of course, as the debate about the length of workweeks has crisscrossed other countries and organizations. While a four-day workweek is still not practical in many cases, proponents say more flexible schedules can spur greater productivity and engagement from employees. Read more here.

Joe Piscopo Show: Discussing G-20 Summit & Tariffs


Monday, July 1, 2019

TheStreet: Why the Gold Rally Is Set to Run

By SIMON CONSTABLE

It's all systems go for gold investors.

The bullion market is stirring from a multiyear slumber and looks set to enter a sustained rally, experts say. Double-digit increases within the next 18 months may be only the start of the price surge. Read more here.