U.S. retail sales unexpectedly rise, but inflation hampering spending
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- Wall Street closes lower as oil prices jump, indexes notch monthly gains
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
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- BofA turns S&P 500 signals from red to yellow: What to buy now
Less Than Half of U.S. Active Managers Outperformed their Benchmark in H1
September 15, 2022 11:01 AM EDTAccording to the S&P Dow Jones Indices, which published its mid-year 2022 SPIVA U.S. Scorecard on Thursday, actively managed large-cap U.S. equity funds were on track for their best underperformance rate since 2009, with less than half outperforming their benchmark in the first six months of this... More
