◀ The Principal Blog

Mixed Messages on U.S. Inflation

The Federal Reserve’s Federal Open Market Committee (FOMC) decided not to raise the fed funds rate at their September meeting; members were concerned about not only global developments but also inflation, or maybe rather lack of inflation. The FOMC expects the transitory effects of a stronger…

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Views from the CIO: Cutting through the Rhetoric in Pharmaceutical Stocks

It’s easy to get wrapped up in the headlines when it comes to investing. But for long-term investors, it’s important to separate rhetoric from reality. This was demonstrated most recently in the public outrage over Turing Pharmaceutical’s decision to raise the price virtually overnight on…

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