Elections

Stocks swoon as attention turns to fiscal cliff, European debt crises

Stocks swoon as attention turns to fiscal cliff, European debt crises

U.S. stocks fell Wednesday as investors’ focus returned to the U.S. tax debate and Europe’s debt crisis following the re-election of President Barack Obama.

November 07, 2012 | 11:05 am
Tax increases could put pressure on dividend stocks

Tax increases could put pressure on dividend stocks

Bill Gross has suggested investors buy municipal bonds and sell high-dividend-paying stocks. Such stocks might be at risk now that the likelihood of the 2001-2003 tax cuts expiring has increased,...

November 07, 2012 | 10:28 am

Early Election Day winner: U.S. markets

U.S. stocks rose on Tuesday as Americans went to the polls to pick a president.

November 06, 2012 | 04:21 pm
U.S. equity performance generally split on Election Day

U.S. equity performance generally split on Election Day

During the seven presidential election days the stock market has been open starting in 1984, U.S. equities have risen on four occasions and fallen on three days. The small sample size reveals the...

November 06, 2012 | 11:39 am
Congress' inaction on the fiscal cliff could cost U.S. GDP more than 5%

Congress' inaction on the fiscal cliff could cost U.S. GDP more than 5%

The year-end "fiscal cliff" consisting of government spending cuts and tax increases is projected to have crippling effects on the U.S. economy if lawmakers stand by and do nothing. A BlackRock...

November 05, 2012 | 12:19 pm

Poll results: For whom are you going to vote on Nov. 6?

Fifty-five percent of respondents to a P&I Online survey last week expect to vote for Republican presidential candidate Mitt Romney in Tuesday's election.

November 05, 2012 | 12:46 pm
State, local races could affect pension funds, managers, retirees

State, local races could affect pension funds, managers, retirees

A number of state and local pension plans around the country could see changes in the near future, depending on who is elected in a number of races on Nov. 6.

October 29, 2012
Amendments targeting public pension funds won't reduce liabilities

Amendments targeting public pension funds won't reduce liabilities

A handful of constitutional amendments on the Nov. 6 ballots across the U.S. would affect public pension plans in a variety of states, but none goes very far toward reducing existing unfunded pension ...

October 29, 2012
Goldman Sachs: Equities indifferent to winning party in recent past

Goldman Sachs: Equities indifferent to winning party in recent past

Goldman Sachs put out a research note on Oct. 26 highlighting median S&P 500 index returns in the months following presidential elections going back to 1976. Since that time, the S&P 500 has returned ...

October 29, 2012 | 03:20 pm
Not just sitting ducks

Not just sitting ducks

In election season, politicians ask: Are you better off than you were four years ago? But pension funds should ask: Are they better prepared to deal with the risk and return challenges that lie ahead ...

October 29, 2012
Financial industry dollars flow to Republicans in about-face

Financial industry dollars flow to Republicans in about-face

Money managers and others in financial services have shifted their support in the presidential election to Mitt Romney, after backing Barack Obama four years ago.

October 15, 2012
Rescue is no way out pension plan underfunding

Rescue is no way out pension plan underfunding

Pension fund executives were among leaders in the effort to reform the financial system and end the doctrine of too big to fail. Yet, some pension funds themselves have come to be seen by some as too ...

October 15, 2012
Stock market does affect election — but not in the way you might think

Stock market does affect election — but not in the way you might think

That's a question Barry C. Knapp, U.S. equity portfolio strategist, Barclays Capital Inc., New York, addresses in a recent research report “U.S. Portfolio Strategy: Election 2012: "It's the...

October 01, 2012
Democrats hear hedge fund exec Steyer discuss clean energy

Democrats hear hedge fund exec Steyer discuss clean energy

Farallon Capital co-managing partner Thomas F. Steyer addressed the Democratic National Convention, discussing the importance of clean energy as a differentiating factor in the upcoming presidential...

September 07, 2012 | 02:24 pm
DNC platform short on details for private-sector retirement plans

DNC platform short on details for private-sector retirement plans

Private-sector retirement plans got a passing mention Tuesday at the Democratic National Convention, where the party platform focused on Social Security.

September 04, 2012 | 04:17 pm