June 15, 2021 ESG Managers to High-Yield Issuers: Don’t Stand Still by Shawn Keegan, Salima Lamdouar, Jackie Pincus ESG-linked bonds have become very popular in investment-grade markets. We think the time is right for high-yield issuers to join in. For investors, that means new opportunities. Fixed Income, Responsible Investing/ESG Likes 0 SHARE Bookmarks
June 15, 2021 Post-Pandemic Policymaking Could Drive Emerging Markets Apart by Adriaan du Toit Slow vaccine rollouts threaten not only to take a sizable human toll but also to scar some emerging economies. Coronavirus, Economics, Emerging Markets, Fixed Income Likes 0 SHARE Bookmarks
June 10, 2021 Muni Strategies for an Inflationary Climate by Daryl Clements Inflation concerns have many muni bond investors bracing for impact on returns. Inflation-protection strategies can help, but the key is to be thoughtful. Fixed Income, Inflation, Municipals Likes 0 SHARE Bookmarks
June 08, 2021 High Yield: Rising Stars and Other Omens by Robert Hopper, Susan Hutman, Will Smith High yield bonds are trading at historically tight spreads, but there’s more happening in credit markets than meets the eye. Are Rising Stars a signal of market opportunities? Fixed Income Likes 0 SHARE Bookmarks
June 03, 2021 Crisis Dashboard: Big Data Helps Paint the Big Picture (June Update) by Jonathan Berkow, Scott Krauthamer As investors look for signs of a return to normalcy from the coronavirus crisis, they have a dizzying array of 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 2 SHARE Bookmarks
May 27, 2021 The Fed Will Likely Taper…but Don’t Expect a Tantrum by Eric Winograd Investors have begun to speculate about when the Fed will start tapering its quantitative easing (QE) asset purchases—we think later this year. But officials have learned from their past mistakes and will likely take steps to avoid a repeat of 2013’s “taper tantrum.” Economics, Fixed Income, Inflation, Rising Rates Likes 0 SHARE Bookmarks
May 25, 2021 Deciphering China’s 2060 Carbon-Neutral Plan by John Lin, Jenny Zeng China’s 2060 carbon-neutral framework reveals how Beijing envisions the country’s economic future. As efforts to generate more sustainable growth progress, the transition to a greener economy will create diverse new investment opportunities. China, Emerging Markets, Equities, Fixed Income, Responsible Investing/ESG Likes 0 SHARE Bookmarks
May 18, 2021 Making Sense of ESG Bond Structures by Shawn Keegan, Salima Lamdouar Investors are eager to buy bonds that help create a better, more sustainable world. Here’s how to navigate the evolving landscape. Fixed Income, Responsible Investing/ESG Likes 1 SHARE Bookmarks
May 12, 2021 Why Munis Should Hold Their Shine Amid Higher Rates by Daryl Clements Municipal bonds have held up well this year, despite rising interest rates and inflation. Munis’ long-term outlook is strong too. What accounts for their outperformance in today’s environment? Fixed Income, Inflation, Municipals, Rising Rates Likes 0 SHARE Bookmarks
May 11, 2021 Will COVID-19 Accelerate Euro-Area Integration? by Darren Williams, Nicholas Sanders The political response to the COVID-19 crisis may be positive for the European integration project—and for euro-area bond markets. Coronavirus, Economics, Fixed Income, Low-Yield Environment Likes 0 SHARE Bookmarks
May 04, 2021 What Could US Corporate Tax Hikes Mean for Share Buybacks? by Eric Winograd Some market analysts are worried that proposed tax hikes on corporations could dampen business investment and economic growth. Based on the experience of the 2017 corporate tax cut, we think the bigger impact will likely fall on share buybacks—not economic activity. Economics, Fixed Income Likes 0 SHARE Bookmarks
April 30, 2021 Inflation? For Muni Investors, the Right Strategy Is Key by Daryl Clements Should municipal bond investors be thinking about inflation protection? Without a doubt. But some inflation strategies are better than others. Choosing the right one could make all the difference. Fixed Income, Inflation, Municipals Likes 0 SHARE Bookmarks
April 29, 2021 Will Household Savings Provide an Upside Growth Surprise? by Darren Williams Developed-market household savings recorded a significant gain last year, with an increase equivalent to 10% of combined GDP. Economics, Fixed Income Likes 0 SHARE Bookmarks