March 30, 2023 Inflation? Interest Rates? Look to the Longer Term by Eric Winograd, Scott DiMaggio Conflicting economic data and volatile markets can reduce visibility. It helps to look beyond the turbulence to the destination. China, Economics, Fixed Income, Inflation, Rising Rates, Volatility Likes 0 SHARE Bookmarks
March 23, 2023 With Banks in Focus, the Fed Signals (Cautious) Optimism by Eric Winograd Yesterday’s Fed policy decisions indicate a somewhat optimistic view of the bank turmoil, but policymakers will be keeping a watchful eye on bank liquidity and lending. Economics, Fixed Income, Inflation, Rising Rates Likes 0 SHARE Bookmarks
March 14, 2023 Will Japanese Bond Investors Come Home in 2023? by Yusuke Hashimoto, Wataru Araiso Even if the Bank of Japan exits its ultra-easy monetary policies, that might not be enough to lure Japanese investors away from foreign bond markets. Here’s why. Economics, Fixed Income, Policy & Regulation, Rising Rates Likes 0 SHARE Bookmarks
February 27, 2023 Why Rising US Rates Don’t Have to “Break” the System by Eric Winograd Capital markets continue functioning well despite a hawkish US rate turn, but many investors still worry about the risk of a deeper spiral. We think that’s an unlikely outcome. Economics, Fixed Income, Inflation, Rising Rates Likes 0 SHARE Bookmarks
February 13, 2023 Municipal Bonds: Are States Recession-Ready? by Bryan Laing, Daryl Clements States are well-equipped to handle a recession, which bodes well for their muni bonds. Economics, Fixed Income, Invest for Tax-Advantaged Income, Municipals Likes 0 SHARE Bookmarks
February 07, 2023 China’s Reopening Bodes Well for Asian Fixed-Income Markets by Brad Gibson Things are looking up for Asian bond markets. Here’s our 2023 outlook. China, Coronavirus, Currency, Economics, Emerging Markets, Fixed Income, Inflation Likes 0 SHARE Bookmarks
February 03, 2023 Multi-Asset 2023 Outlook: Inching Back to Normalization by Caglasu Altunkopru, Aditya Monappa In 2023, the path to normalization will be bumpy. Multi-asset investors must be dynamic, balancing inflation resilience with growth potential—and a measure of volatility mitigation. Economics, Inflation, Multi-Asset, Rising Rates, Volatility Likes 0 SHARE Bookmarks
February 03, 2023 1Q:2023 Capital Markets Outlook Video by Richard Brink 2022 was one of the toughest years ever for markets. With markets reshaped and valuations lower, the opportunity set for 2023 has grown, but the devil is in the details. Asset Allocation, Economics, Inflation, Rising Rates, Volatility Likes 0 SHARE Bookmarks
January 19, 2023 Will This Time be Different? Congress Prepares to Dance with the Debt Ceiling by Eric Winograd The debate around the US debt ceiling is back again. Our base case is that Congress eventually will increase the debt ceiling, as it always has. But the process will be unusually messy this year. Economics, Fixed Income Likes 0 SHARE Bookmarks
January 16, 2023 China’s Growth and Policy Priorities Pave New Paths to Equities by John Lin As China rapidly reopens its economy, attractive opportunities will surface—particularly for investors who understand the country’s policy nuances. China, Coronavirus, Economics, Emerging Markets, Equities, Fixed Income, Inflation, Rising Rates, Volatility Likes 0 SHARE Bookmarks
January 13, 2023 2023: A Year of Transition for the Global Economy by Eric Winograd This year will likely see a shift from extremely high inflation to worries about slumping growth. Conditions should be better than 2022, but the road will be bumpy. Economics, Fixed Income, Inflation, Policy & Regulation, Rising Rates Likes 0 SHARE Bookmarks
January 03, 2023 Fixed-Income Outlook 2023: Finding Equilibrium by Scott DiMaggio, Gershon Distenfeld Our Fixed-Income Co-Heads survey the market landscape for 2023—and provide strategies for making the most of it. Economics, Fixed Income, Income, Inflation, Invest for Efficient Income, Late-Cycle Investing, Volatility Likes 0 SHARE Bookmarks
November 25, 2022 What’s Behind the Drop in Treasury Market Liquidity? by Matthew Scott, AJ Rivers US Treasuries are experiencing a drop in liquidity. What will it take to stabilize this critical market? Economics, Fixed Income, Policy & Regulation, Rising Rates Likes 0 SHARE Bookmarks