The latest GDP report seems, at first glance, on the right track. Dig deeper, however, and it’s clear corporate America is still not investing for organic growth, the only path to increasing economic productivity.
Nancy Pfund of DBL Partners is bullish on impact investing, but says large institutions and money managers need to do more to further the asset class.
The perception “is that there are a lot of risks out there and a lot of uncertainty.”
With little coming from the Trump administration regarding fiscal policy, the markets have settled down.
