November 18, 2021 360°-View Helps Track Progress in Snarled Supply Chain by Eric Winograd, Susan Hutman, Robert Hopper Inflation is hotter than expected, thanks to robust demand paired with a snarled supply-chain. How long will it take to straighten out the supply-chain? Economics, Fixed Income, Inflation Likes 0 SHARE Bookmarks
November 16, 2021 China’s Quest for Common Prosperity: Reading the Tea Leaves by Zhennan Li We demystify why Beijing has recently pushed the paradigm of “common prosperity”—which may not mean what you think it means. China, Economics, Emerging Markets, Fixed Income, Income, Policy & Regulation Likes 0 SHARE Bookmarks
November 09, 2021 The Fed Taper Is Here…Now, What About Rate Hikes? by Eric Winograd The Federal Reserve kicks off its taper of US asset purchases later this month. But there’s a meaningful gap between the market’s inflation anxiety and the Fed’s wait-and-see approach to what it still views as a transitory challenge. Economic Outlook, Economics, Fixed Income, Inflation, Rising Rates Likes 0 SHARE Bookmarks
November 09, 2021 4Q:2021 Capital Markets Outlook Video by Walt Czaicki The strong economic and market trends of the first half of 2021 wavered during the third quarter. As investors consider year-end portfolio adjustments, they face an increasingly challenging investment landscape. AB Senior Investment Strategist, Walt Czaicki, reviews our advice. Asset Allocation, Economic Outlook, Economics, Inflation, Rising Rates Likes 0 SHARE Bookmarks
October 22, 2021 For the Global Economy, It’s Next Stop…Policy Normalization by Eric Winograd Major central banks seem ready to head back toward normal policy settings, given the economic rebound from the pandemic and an accompanying inflation surge. Global financial markets may be choppier as a result, but monetary policy will remain accommodative for some time—and the underlying growth outlook is strong. Economic Outlook, Economics, Fixed Income, Inflation, Rising Rates, Volatility Likes 0 SHARE Bookmarks
October 20, 2021 US Economic Outlook: Inflation, Growth and the Fed by Eric Winograd Headline inflation is at a decade-high rate of increase, and core inflation of 4.0% is higher than it’s been in over 25 years. But the economy is well on the road to recovery, and GDP growth is back to where it was pre-crisis. While we expect the Fed to taper in November, we think investor focus should be more on when the Fed ends quantitative easing rather than when they start tapering. Economic Outlook, Economics, Fixed Income, Inflation, Rising Rates Likes 0 SHARE Bookmarks
October 15, 2021 Connecting the Dots on China’s Growth Outlook by Zhennan Li China’s property and manufacturing sectors are only part of its economic story. For a fuller understanding, investors need to take a broader view. China, Economics, Emerging Markets, Fixed Income, Income, Policy & Regulation Likes 0 SHARE Bookmarks
September 30, 2021 Don’t Fear a Taper Tango: Banks Know the Fed’s Steps by Shrut Vakil The Fed will soon taper its open market security purchases. Who can fill its shoes? Economic Outlook, Economics, Fixed Income, Rising Rates Likes 0 SHARE Bookmarks
September 21, 2021 ECB Strategy: Has the PEPP Had Its Day? The ECB is likely to announce the end of its Pandemic Emergency Purchase Programme—but what will this mean for euro-area bond yields? Economics, Fixed Income, Inflation, Low-Yield Environment, Rising Rates Likes 0 SHARE Bookmarks
September 14, 2021 How Populism May Sway Policies in Emerging Markets by Adriaan du Toit COVID-19 has aggravated inequality and social problems across EM economies, fueling populism. Key ESG metrics can help show potential pressure points. Economics, Emerging Markets, Fixed Income, Inflation, Responsible Investing/ESG Likes 0 SHARE Bookmarks
September 10, 2021 When Will Inflation Lift Off? Disruptions and dislocations associated with COVID-19 mean current economic data may not be a reliable guide to the future. But by turning to the past, we find compelling evidence that inflation regime change is accelerating. Economic Outlook, Economics, Fixed Income, Inflation, Low-Yield Environment, Rising Rates Likes 0 SHARE Bookmarks
September 09, 2021 Change Looms at the Fed: What Will It Mean for Monetary Policy? by Eric Winograd Federal Reserve Board of Governors Chair Jay Powell’s term expires in February, and both vice chairs face expiring tenures, too. With another seat already open, how will the Biden administration balance the desire for monetary policy continuity with a wish list that includes tighter bank regulation? Economic Outlook, Economics, Fixed Income, Policy & Regulation Likes 0 SHARE Bookmarks
September 01, 2021 What’s the Policy Playbook for the Inflation Endgame? A shift in the inflation landscape is underway. But what will the new regime look like? Economic Outlook, Economics, Fixed Income, Inflation, Low-Yield Environment, Rising Rates Likes 0 SHARE Bookmarks