Research & Resources
Timely commentary to give you access to the latest macroeconomic and investments insights. Learn what investors should expect next.
On October 10, Procter and Gamble (P&G) shareholders narrowly voted to keep activist investor Nelson Peltz off the board of directors. Peltz and his firm, Trian Fund Management, took a unique approach in waging the proxy contest against the Ohio-based consumer goods company. Activists tend to run a group of candidates and aggressively work to unseat some or all incumbent directors.
The relatively modest productivity gains made during the current U.S. economic recovery is part of why jobs have not come back as strong as in the past. It also might make the Federal Reserve (Fed) rethink its plan for raising interest rates in the future.
While Hurricane Irma was raging across the Caribbean and bearing down on Florida, she conjured up images of the widespread devastation the Gulf coast experienced following Hurricanes Harvey and Katrina. Many were worried that Irma could cause an even greater amount of damage.