The Treynor ratio evaluates mutual fund performance by measuring risk-adjusted returns against market risk, or beta. It’s valuable for assessing funds in diversified portfolios and comparing risk management, but doesn’t account for unsystematic risk and assumes a well-diversified portfolio.
Dollar feeble as rate hike bets dwindle, Iran war worries grow
The U.S. dollar weakened against major currencies as traders scaled back tightening expectations. Soft economic data, including retail sales and job losses, influenced these shifts.