The 60/40 stock-bond portfolio, given up for dead in recent years, is outperforming almost all the sophisticated endowment portfolios at elite educational institutions. Read: ‘We’re not in Kansas anymore’: Why the 60/40 portfolio might be dead, and what to do now It’s not even close, according to results released this…

Week in Review Hong Kong and Mainland China were the only markets to end the week in positive territory as the rest of Asia traded lower. Central Huijin, an investment firm with ties to China’s sovereign wealth fund, stepped up its stock purchases this week, especially in large banks and…

Truist Financial Corp. is pricing a $1.75 billion bond offering with strong demand on Wednesday, a source in the bond market told MarketWatch. Truist Financial TFC, -1.92% is expected to price the notes maturing Oct. 30, 2029, about 225 basis points over the 5-year Treasury BX:TMUBMUSD05Y yield of about 4.9%…

Scotland’s government is at it again: Meddling with its absurd energy policies. This time the ruling Scottish National Party wants to sell energy to Europe. It looks like a bright idea on the surface, that is until you look under the hood. “The Scottish Government is accelerating plans for a…

New financing for old office loans that Wall Street packed into bond deals years ago has been getting more scarce, according to Moody’s Analytics. It’s another troubling sign for commercial property markets, with only 11.1% of office loans out of a near $755 million pile of maturing debt repaying in…

Hello! This week’s ETF Wrap gives you a look at the findings in Charles Schwab’s latest annual ETF survey as well as how Thursday’s economic data rippled through the bond market.Please send feedback and tips to [email protected] or [email protected]. You can also follow me on X at @cidzelis and find me on LinkedIn.…

Getting a job as a Wall Street economist is supposed to require great skill. But apparently that skill doesn’t mean developing the ability to forecast big events like recessions. A year and a half after the ‘recession call’ started and we still have no recession. In fact, the U.S. is…

Shares of Chipotle Mexican Grill Inc. rose 2.7% in extended trades Thursday after the company reported better-than-expected third-quarter earnings.  The restaurant chain reported net income of $313.2 million, or $11.32 a share, compared to $257.1 million, or $9.20 a share, in the prior year’s quarter. Excluding a 4-cent after-tax impact from expenses related to…

Supermarket chains in China are having a rough go of it.There was a sign of relief last year when China dropped its draconian COVID movement restrictions, with observers expecting a surge in shoppers flocking to big-box stores after being confined to their homes for months on end.It didn’t happen. The…

Halloween is a time for getting together, carving pumpkins, dressing up, and telling scary stories. Your finances can be part of the conversation. This spooky season, let’s discuss some scary facts about money today and how you can avoid becoming part of these statistics. 1. People Can’t Afford Emergencies According…