Reuters (June 19)
“Central banks are grappling with elevated uncertainty about economic growth and inflation, complicating decision-making, especially for those trying to calibrate policy as they near the end of their rate-cutting cycles.” The rate uncertainty is in turn “making life hard for investors.” For example, “Norway’s central bank on Thursday gave markets a shock by cutting interest rates, and even the U.S. Federal Reserve is warning not to put much weight on its policy projections.”
Tags: Calibrate, Central banks, Decision-making, Economic growth, Fed, Grappling, Inflation, Investors, Norway, Policy projections, Rate-cutting cycles, U.S., Uncertainty, Warning
Wall Street Journal (April 14)
“The biggest issue in financial markets these days, other than tariffs, is the fate of U.S. dollar assets. Are President Trump’s herky-jerky decision-making and border taxes causing the world’s investors to shy away from the dollar and U.S. Treasurys?” Amid the volatility, that remains to be seen, but any shift would occur “’at the margin’ because the U.S. remains too big a market, and its financial system too liquid, to ignore.” Still, the potential impact should not be dismissed lightly. “Even a modest shift from Treasury bonds” could have enormous repercussions.
Tags: Bonds, Decision-making, Dollar assets, https://www.wsj.com/opinion/is-there-a-new-trump-risk-premium-tariffs-trade-policy-bonds-us-dollar-investing-9bee401d?mod=hp_opin_pos_4#cxrecs_s Financial markets, Impact, Investors, Jerky, Liquid, Margin, Shift, Tariffs, Taxes, Treasurys, Trump, U.S., Volatility
Professional Pensions (November Issue)
“The problem with ESG fund ratings is primarily that they are fairly new—and are therefore prone to criticism that they are not detailed enough, are missing information, or are failing to analyse certain aspects of companies.” At this stage, “to truly reduce ESG risk exposure, those overseeing funds may need to do their own research and engage with companies to properly inform their decision-making.”
Tags: Criticism, Decision-making, Detailed, Engage, ESG, Fund ratings, New, Research, Risk exposure
Financial Times (October 3)
“Not only does poor sleep dent productivity, it also causes impulsivity and poor decision-making, according to sleep researchers. Sleep deprivation has been indicated as a cause in 7.8 per cent of all the US Air Force’s Class A accidents, defined as costing $1m or more). Sleep-deprived US workers cost their employers $63bn in lost productivity, according to a 2011 Harvard Medical School study.”
Tags: Accidents, Decision-making, Employers, Harvard, Productivity, Researchers, Sleep deprivation, U.S., Workers
