What Analyst Ratings Say about Alternatives’ Performances
Alternative asset managers (IYF) have seen improved analyst ratings in 1Q17.
Alternative asset managers (XLF) deployed record funds towards corporate credit and rate offerings in 1H16 due to distressed credit pricing.
Alternatives expect marginal growth in 1Q17 due to rising equities and improved liquidity across asset classes.
Negative Earning Trends Led to Pessimism among Small Businesses
The overall business sentiment among small business owners remains subdued and less optimistic during this holiday season.
According to the NFIB, the small business optimism index remained unchanged at 96.1 in October. The reading was below the consensus estimate of 96.4.
According to the NFIB, the Small Business Optimism Index increased to 96.1 index points in September 2015, compared to its 95.9 level in August.