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1.Market Observations, 8.Was Sticky

8 Dec 2016 (AFR) – Employment’s up and passive investing’s pain is just starting

(8 December 2016, AFR, p28, by Conor Sen – USA)

‘What’s good for workers is bad for investors. With one asterisk. Signs of full employment – like we got in last Friday’s American jobs report with an unemployment rate of 4.6 per cent – are terrible news for passive investors but perhaps a ray of hope for those beleaguered active investors.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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