IMF projections see U.S. slowdown, problems in commodity-centric emerging markets; BlackRock slashes some ETF fees; U.S. oil supply dips; VP candidates battle.
Macro factors like the Bank of England’s bond-buying program and such market conditions as an uptick in M&A point to favorable conditions for high-rated corporates.
Although distributed ledger technology has the potential to eliminate the need for financial intermediaries, recent events suggest that may not happen.
A weak pound and freedom from EU regulatory strictures will stimulate the U.K. economy and leave the worst effects of the referendum to compound the euro zone’s woes.