μ · economics · June 11, 2026 · 8 min
The New Yield Paradigm: Capital's Institutional Seal of Approval
PGIM manages $1.3 trillion. Their mid-year outlook tells you exactly what to buy. Read it carefully and you'll notice who isn't in the room.
PGIM manages $1.3 trillion. Their mid-year outlook tells you exactly what to buy. Read it carefully and you'll notice who isn't in the room.
The metric every marketer uses to measure whether ads work gets it wrong nearly one in five times. A new paper from Meta and Northwestern has the receipts.
The labour share of US GDP just hit a 70-year low. The same force compressing wages is inflating the assets workers need to buy to build wealth.