Active management returns to action. JP Morgan Asset Management recently launched two new actively managed exchange-traded funds, a sign that issuers are looking to take advantage of more out-of-the-box strategies as the market faces unprecedented volatility. Launched on May 21, the JPMorgan Equity Premium Income (JEPI) ETF and the JPMorgan …
Read More »IPOs in Hong Kong and Shanghai jump amid pandemic and tensions
The Hong Kong Exchange Building. Vincent Isore | IP3 | fake pictures Initial public offerings (IPOs) in Greater China increased in the first half of this year, offsetting declines seen elsewhere due to the impact of the coronavirus pandemic. In the first six months, listings in Greater China increased by …
Read More »Cramer credits the Fed and Trump administration for the economic recovery
CNBC’s Jim Cramer said Thursday that the Federal Reserve and Trump administration’s economic response to the coronavirus pandemic has been critical to the recovery of American jobs and financial markets. “They threw a lot into the economy to make it work, and I think you could argue from that number …
Read More »The increases in employment reflect ‘optimism in the country’
CNBC’s Jim Cramer said Thursday that massive job gains in June indicate confidence in the United States economy despite the coronavirus pandemic. “There is an optimism in the country that I think is often not shared with people on the air, and that is just because we don’t see the …
Read More »Tax saving moves to make before July 15
With just two weeks to go until this year’s tax filing deadline, now is the time to take advantage of the opportunity to make some key moves, which could translate into good tax savings. The Covid-19 crisis prompted the federal government to extend the due date to file its 2019 …
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