This is a Fed that continues to be mystified why it is misunderstood by market participants and observers.
Underlying components of the CPI suggest U.S. inflation is gradually moving toward the Fed’s inflation target.
Emerging markets have been quietly undergoing positive, fundamental change that we think will likely increase value in the asset class.
Investors globally are becoming more engaged with the environmental, social and governance (ESG) factors that affect the well-being and smooth functioning of the global economy and markets.
Today’s four policy moves certainly constitute a decisive and comprehensive package. Now the two critical questions are will it work, and what are the investment implications?
With less than 90 days until money market fund reform takes effect in the U.S., the landscape at the front end of the yield curve is finally changing, creating potential investment opportunities.
John Murray, managing director and co-head of U.S. commercial real estate, explains why prices could fall 5% over the coming year amid changing capital market dynamics.
Comparing P/E ratios across asset classes shows the perceived certainty of U.S. Treasuries coming at an expensive price.
Supply-demand imbalances in the market for currency hedging instruments may offer surprising yield opportunities for U.S. investors in global fixed income.
The Bank of Japan is finally admitting the large costs associated with its current policy framework.