Despite reduced return expectations in 2020, municipals should remain a valuable building block of an investor's portfolio due to their attractive tax-adjusted yields, diversification benefits, and improving credit characteristics.
In this exclusive chat with Mellody Hobson, President and co-CEO of Ariel Investments, she speaks candidly about the importance and value of diversity in finance—how being color brave can improve business and society at large.
Much of the trade conflict between the U.S. and China can be traced to China’s desire to be a technological power. It is difficult for China to do much more than play catch-up in established technology like semiconductors, where improvements are incremental.
Climate change occurs slowly over time, which may make it an easy risk factor for investors to ignore. Recent studies suggest that climate change will have a negative economic impact on long-term global GDP.