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Passive Funds Own Bigger Chunk of US Stocks Than Active Funds for 1st Time

Passive funds held 16% of US stock market by value at the end of 2021, while active funds had 14%, research by the Investment Company Institute showed.

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Oil Price Outlook: Citi Sees About $70 As Demand Dips, Recession Looms

Citi cut oil demand expectations by 1.4 million barrels for this year as fears of a recession took hold.

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Treasury Boss Janet Yellen Says I Was Wrong About Inflation Risk

Yellen, a former Federal Reserve chair, last year dismissed long-lasting inflation as a problem for the US economy, saying it was a small and manageable risk.

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China Stocks Set to Outperform Thanks to COVID-Easing Events: Amundi

Amundi, which oversees more than $2 trillion in assets, is now bullish on Chinese stocks after cutting its exposure as they slid in early 2022.

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Morgan Stanley: Lower Earnings Could Drag Stocks 5-10%, Snap Warning

"It seems inevitable that there was going to be some payback in corporate earnings this year," investment chief Lisa Shalett said.

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