VTI

Five years ago, State Street started a new, green fund. The world hasn’t been the same since.

The case for the European Central Bank to add monetary stimulus gained momentum on Tuesday, with Executive Board Member Fabio Panetta saying policy makers should err on the side of doing more to keep the rebound on track.

More than two weeks of doubt and volatility in the stock market are finally starting to show up in corporate bonds.

Commodities continued to rise last week, posting a second weekly gain.Last week also witnessed relatively strong gains in emerging markets stocks and foreign property shares.The deepest loss last week among the major asset classes: US junk bonds.

"Japanification" is the process of other countries' economies becoming like that of Japan: flatlined, with little to no growth or inflation and interest rates stuck at zero indefinitely. Because of the Monetary Death Spiral process that I've described elsewhere, many countries around the world are undergoing the process of Japanification. With interest rates now stuck at zero for the long haul and the Fed focused on employment above all else, the US has now completed the process. I go through nine economic metrics to show how the United States is walking down the path of Japan.

The tech-led selloff in U.S. equities is likely only halfway done, according to the Morgan Stanley strategist whose warning last month about the top-heavy market now appears prescient.