Perhaps it’s time to ask whether the 2% inflation target has outlived its usefulness.

The tone of the FOMC statement and press conference was a notable shift from the May meeting, given uncertainty around the economic outlook.

With more bonds trading at negative yields globally, benchmark-agnostic strategies look compelling.

Demand concerns, trade tensions, and strong implied U.S. production are driving an oil sell-off, much like in fourth-quarter 2018, but the complicated backdrop may create investment opportunities.