Fed Chair Janet Yellen – who appears determined to maximize optionality – achieves just that with today’s statement.
With Puerto Rico likely to miss some payments on May 1, its debt restructuring is unavoidable.
What can North American and European investors learn from Japan’s experience with low yields in the past two decades?
Why the lack of an agreement among oil ministers likely won’t affect prices in the next 2 years, but could pose a long-term risk.
What should investors pay attention to as this lengthy presidential election season continues?
While market conditions feel distinctly different from a few months ago, many of the key themes we articulated in our February Asset Allocation Outlook remain relevant today.
Our cyclical narrative finds that three C’s – China, commodities and central banks – dominate the outlook for the global economy and financial markets, and recent developments on all three fronts suggest that there may indeed be calmer C’s ahead, for now.
The global high yield bond universe will likely witness an influx of “fallen angels” in 2016, according to our market analysis. While this trend may appear troubling to investment grade managers, for investors targeting high yield, it isn’t necessarily a bad thing.
Despite the inflation surprise in March’s CPI report, we think TIPS can weather much more bad news before they underperform nominal Treasuries.
Group CIO Dan Ivascyn discusses the outlook for volatility and the potential for active long-term investors to add value when markets are prone to overshooting.