In the perennial race between active and passive investment management, there are signs of a shift. After several years of bringing up the rear, active performance has outpaced passive so far in 2017. Various factors suggest that it could stay out front for a few years. This year has been the best for active fund […]

More than three quarters of respondents to this quarter’s CNBC Global CFO Council poll say President Donald Trump deserves at least some of the credit for the stock market’s record run in 2017, with 17.1 percent saying he deserves “most of the credit.” The CNBC Global CFO Council represents some of the largest public and […]

There’s a lot of hurricane damage to come between the Fed and its next interest rate hike. Hurricane Harvey has already heated up inflation, hit industrial production, and dampened retail sales, and that was just the late August data — before Hurricane Irma rampaged across Florida this month. Economists expect the storms to shave a […]

If investors only paid attention to the aggregate data released by the government, CNBC’s Jim Cramer would imagine they’d be huge pessimists about the state of the economy. “This morning we got retail sales numbers that were baffling. They were for the month of August and they fell by 0.2 percent. That’s very subpar. Then […]

Investors may have grown hesitant about a merger between CBS Radio and Entercom Communications, but CNBC’s Jim Cramer thinks they may have been wrong to worry. The deal would combine the spun-off CBS Radio with Entercom, creating an entity that could reshape the U.S. radio industry. Entercom’s stock surged over 10 percent when news of […]

JPMorgan’s top quant strategist backed his boss this week in bashing bitcoin, warning that the cryptocurrency is likely a “pyramid scheme.” Marko Kolanovic, the bank’s global head of quantitative and derivatives strategy, said in a note on Wednesday that in addition to being volatile and difficult to value, “another worrying aspect of cryptocurrencies are some […]

With recent computer breaches of major companies such as Equifax dominating the news, one Wall Street firm predicts FedEx will suffer from the summer’s cyberattack on its European business. FedEx announced on June 28 its TNT Express subsidiary based in Europe was cyberattacked, which disrupted its operations and communications systems. The company said no data […]

Hurricanes Harvey and Irma may have faded from the sky and news headlines, but you can count on them coming up again, this time in company conference calls. All the big hurricanes live again in the quarters following their landfall in the U.S., according to a CNBC analysis of earnings calls transcripts over the past […]

Marc “Dr. Doom” Faber said Friday the U.S. is no longer leading the pack and Asian and European stocks have relatively good value. Faber, the editor and publisher of The Gloom, Boom & Doom Report, said European stocks, with the exception of the FTSE 100, have outperformed the U.S. and most Asian markets this year. […]

A casual observer may assume Bridgewater Associates founder Ray Dalio, who runs the world’s largest hedge fund, only had a charmed investing career filled with success after success. But that isn’t the case, as the legendary investor explained in his upcoming book. He actually went broke eight years after he started his investment firm. Counter-intuitively, […]