BofA Merrill Lynch Fund Manager Survey Finds Investors Migrating out of U.S. Equities Amid Expectations of Fed Rate Hike

Dateline City: NEW YORK Preference for European Equities at Record High Global investors have significantly pared back U.S. equity allocations as belief grows that the U.S. Federal Reserve will raise rates in the second quarter, according to the BofA Merrill Lynch Fund Manager Survey for March. A net 19 percent of global Read more [...]

Pack Rafts You Shouldn’t Hike Without

Once upon a time, planning an outdoor venture meant you had to make a simple choice up front: land or water? Now the wet/dry divide is starting to crumble, thanks to recent advances in lightweight pack rafts. Small enough (in theory) to fit in a backpack, but tough enough to ferry you and your gear across a lake or down a mellow river, these one-person inflatables are opening up new horizons in the backcountry. But is adding a float option to your next backpacking itinerary worth the added space Read more [...]