Gen Z Americans Don’t Have Enough Saved to Cover a Single Month of Spending

Mar 14, 2025 | Markets

Younger Americans don’t have enough saved to cover a single month of spending, showcasing their vulnerability should the economy head into a downturn. Members of the Gen Z generation — people born after 1995 — were spending twice the amount they had in savings on...

State Street Tries to Tap Long-Lost Mojo With Private Credit ETF

Mar 14, 2025 | Markets, Private Credit, Private Markets

The first-ever ETF to bring private assets to the masses was meant to be a milestone this year in Yie-Hsin Hung’s push to shake off State Street Corp.’s reputation for being cautious and boring. Hung has been tasked with reviving the appetite for innovation at State...

US Consumer Sentiment Drops, Price Expectations Soar on Tariffs

Mar 14, 2025 | Markets

US consumer sentiment fell to a more than two-year low and long-term inflation expectations jumped by the most since 1993, illustrating growing apprehension about the economic impact from tariffs. The preliminary March sentiment index dropped to 57.9, the lowest level...

Tariffs End the Age of US Stocks Exceptionalism

Mar 14, 2025 | Markets

Investors are the most bullish on Treasuries relative to stocks for at least three years, as President Donald Trump’s tariff policies threaten to end the era of US exceptionalism, the Bloomberg Markets Live Pulse survey showed. US bonds are expected to deliver a...

As Wall Street Gets Worried, Retail Crowd Keeps Buying US Stocks

Mar 13, 2025 | Markets

Even as Donald Trump’s trade war sends the US stock market hurtling toward a correction, the individual investors who rode the bull run to record highs haven’t yet given up their faith. The so-called retail investors poured $7.3 billion into equities in the week...