The U.S. Wage Growth Mystery
Demographics and underemployment have held back wage growth in recent years, but key measures show that employment costs are accelerating.
Demographics and underemployment have held back wage growth in recent years, but key measures show that employment costs are accelerating.
Global debt levels currently appear manageable due to record-low interest rates, but growing amounts of corporate debt in emerging markets and rising global borrowing costs pose potential risks.
Despite a challenging environment for active management in recent years, top active managers have proven their ability to add value over the long term.