The pitfalls and opportunities we see in high yield markets highlight the importance of active portfolio management, rigorous credit analysis, and taking a cautious and selective approach.

The U.K. is set to head to the polls on December 12. Here are our key takeaways for the economy and markets.

Fed Chair Powell signaled that another “insurance” rate cut is unlikely. Instead, further rate cuts are contingent on a more material deterioration in the economic outlook.

Trade, geopolitics, and emerging markets were top of mind at the recent annual meetings.

Headline inflation resulting from a food price shock can never be ignored fully.

Without pouring water on the “love fest,” we contend that the deal struck between China and the U.S. leaves much to be desired.

We believe the impeachment inquiry could have an adverse impact on the ongoing U.S.–China trade conflict, but there may be a silver lining for NAFTA 2.0.

In our latest Cyclical Outlook, we discuss a period of vulnerability for the global economy.

Weakness in the U.S. economy leaves it vulnerable to shocks. We think the Fed will respond with additional easing this year.

Attacks and outages could add to the longer-term geopolitical risk premium in oil prices.