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Joseph Quinlan, U.S. Trust’s chief market strategist, has written extensively about the decline of economic growth in China. Recently, he asked what could replace China as the next big driver of global growth. One possible answer: The rise in economic power of women throughout the world. In covering Quinlan’s report, Glamour noted that cultural and economic barriers in some regions mean there is still “a long way to go” before this potential is realized.
John Hailer of Natixis Global Asset Management appeared on CNBC’s “Power Lunch” to talk about the volatile performance of U.S. markets. Hailer, who is the company’s CEO for the Americas and Asia, also discussed Natixis’ recent survey of financial advisors in the United States and 13 other countries. The study revealed seven key errors that advisors believe ordinary investors make.