Portfolio

Putting aside the debt ceiling drama currently playing out in Washington and the dire predictions of what would happen to the U.S. and the global economy if the ceiling isn’t raised by Aug. 2, Goldman Sachs’ chief U.S. economist said that even if all that doesn’t come to pass, the U.S. economy will still slow this year and next and puts the chances of a return to recession somewhere between 15% and 20%.

AQR Capital Management has launched the AQR Multi-Strategy Alternative Fund, a no-load mutual fund that seeks to deliver absolute returns by investing in a broadly diversified portfolio of alternative strategies traditionally only available through hedge funds.

As the exchange-traded funds industry continues to evolve, marketing campaigns to support its growth must become far more complex and richer, according to a report from Financial Research Corp., “ETF Trends: Insider Insights on Distribution, Portfolio Construction, Risk & Regulation.”

Annuity fee income at bank holding companies (BHCs) shot up 28.4% in the first quarter to more than $748 million, according to the Michael White-ABIA Bank Annuity Fee Income Report.

AQR Capital Management has launched the AQR Multi-Strategy Alternative Fund, a no-load mutual fund that seeks to deliver absolute returns by investing in a broadly diversified portfolio of alternative strategies traditionally only available through hedge funds.

Institutional investment managers are becoming more cautious, with 42% saying they became more risk-averse in the second quarter, up from 35% in the first quarter, a survey of 100 managers in June by Northern Trust found.

Barclays projects that consumers will continue to drive U.S. economy. S&P targets high-yielding dividend funds. BlackRock forecasts slower, but steady growth in China.

With unemployment rates remaining staggeringly high and debates about the debt ceiling on Capitol Hill, Americans remain worried about the economy, according to a report from First Command.

Now that Standard & Poor's has issued a negative credit watch on U.S. government debt and acknowledged the possibility that no deal will be reached to raise the government’s debt ceiling, what should investors do?