August 10, 2020 Can Value Stocks Recover Without Help from Financials? by Avi Lavi Growing challenges to banks have weighed on recovery hopes for value stocks. But our research of Japan’s experience and global value trends suggests value stocks don’t necessarily need financials to turn the corner. Coronavirus, Equities Likes 0 SHARE Bookmarks
August 07, 2020 Crisis Dashboard: Big Data Helps Paint the Big Picture (August Update) by Jonathan Berkow, Scott Krauthamer Many investors are looking for emerging signs of a return to normalcy from the coronavirus crisis. While there are many indicators to choose from, we’ve assembled a group of signals, with the help of big data, that may point the way. Coronavirus, Economics, Equities, Fixed Income Likes 0 SHARE Bookmarks
August 05, 2020 Why the US Economy Needs More Stimulus Very Soon US household income has held steady, but only because of stimulus checks and enhanced unemployment benefits. As Congress debates the shape and scope of the next package, economic data show a clear need for more help sooner rather than later. Coronavirus, Economics Likes 0 SHARE Bookmarks
August 05, 2020 China’s Higher Bond Yields Buck the Global Trend by Brad Gibson Government bond yields have tumbled globally but China’s yields have risen to pre-COVID-19 levels. The RMB hasn’t yet reacted to the favorable rate difference, and we think bond yields are likely to decline moving forward—a favorable landscape for China bonds. China, Coronavirus, Currency, Emerging Markets, Fixed Income Likes 0 SHARE Bookmarks
August 05, 2020 Do COVID-19 Subsidies Threaten Shareholder Value? by Michelle Dunstan, Diana Lee As more companies tap government stimulus funds, questions are being asked about how shareholders may be affected. To answer these questions, investors must assess how corporate behavior and stakeholder engagement will shape a company’s long-term outlook. Coronavirus, Equities, Responsible Investing/ESG Likes 0 SHARE Bookmarks
August 03, 2020 Data Science: Start with a Question by Chris Marx, Jonathan Berkow Data science is most effective when it starts with a deep, fundamental question. What’s the key question that the research is trying to answer? From that starting point, data scientists work very closely with research analysts to deploy the right data and tools to find an answer. Coronavirus, Equities, Tech & Innovation Likes 0 SHARE Bookmarks
July 31, 2020 Capturing the Ups and Downs in Coronavirus Equity Markets by Kent Hargis, Sammy Suzuki, Jillian Geliebter Several equity factors diverged significantly from their typical performance patterns during the COVID-19 crisis. By understanding how factor returns behaved in this market correction relative to their historic norms, investors can not only prepare for future volatility but also take advantage of short-term market dislocations. Active & Passive , Coronavirus, Volatility Likes 0 SHARE Bookmarks
July 28, 2020 The Trillion-Dollar Question: Will the Corporate Borrowing Binge Cause Lasting Damage? by Susan Hutman US Investment-grade corporate bond issuance has rolled past US$1 trillion so far in 2020. What are the long-term effects of this explosive borrowing? Coronavirus, Fixed Income, Late-Cycle Investing Likes 0 SHARE Bookmarks
July 28, 2020 There’s More Than “Data” in Data Science by Chris Marx, Jonathan Berkow The COVID-19 crisis has made data science even more important. Today, data scientists are collaborating with research analysts to fill in the gaps with a few mouse clicks when social distancing restrictions limit the mobility of on-the-ground efforts. Coronavirus, Equities, Tech & Innovation Likes 0 SHARE Bookmarks
July 23, 2020 EU Recovery Fund: No Gamechanger but a Clear Positive by Darren Williams The new European Union (EU) recovery fund is not quite the giant step toward fiscal union that some commentators claim. But it cements an increasingly impressive policy response to COVID-19 that warrants cautious optimism on the cyclical outlook. Coronavirus, Economics Likes 0 SHARE Bookmarks
July 23, 2020 Income Assets Are Down but Not Out by Karen Watkin Higher-income assets underperformed in the second-quarter rebound. But that also means there’s pent-up potential in income-generating assets that may begin to show in later stages of the recovery. Coronavirus, Low-Yield Environment, Multi-Asset, Volatility Likes 0 SHARE Bookmarks
July 20, 2020 Emerging-Market Equities: Looking Past the Pandemic by Laurent Saltiel, Sergey Davalchenko, Naveen Jayasundaram In emerging markets, some industries and countries are in better shape than others. And many businesses have the right qualities to benefit from structural changes now and long after local conditions improve. Coronavirus, Emerging Markets, Equities Likes 0 SHARE Bookmarks
July 17, 2020 The Ripple Effect: COVID-19 and Multi-Asset Portfolio Construction by Caglasu Altunkopru In addition to its tragic human toll, COVID-19 triggered the sharpest recession in recent history, and efforts to control its spread have transformed the way we work, the way we shop and how we connect with others. We think these changes will last awhile—with implications for asset allocation. Asset Allocation, Coronavirus, Multi-Asset Likes 0 SHARE Bookmarks