Fund liquidity and credit quality risks loom amid uncertain outlook, says ESMA
As financing conditions stay tight, repeat offenders elevate defaults
Funds shifting asset allocations away from offices, toward private credit
Jared Franz of Capital Group says the underlying lesson is to diversify and stay invested
The Fed is widely expected to announce a modest quarter-point cut in September
The downgraded estimate follows a jobs report for July that was much worse than expected
The central bank is poised to cut its benchmark interest rate next month from its 23-year high
High valuations, uncertainties loom in second half
Deal volume up, value soared driven by more "mega" deals
Refinancing activity drove new issue spike, even as defaults rise