The food fight between the President and the Fed Chair could result in too much easing, and the expansion of valuations beyond sustainable levels. The other food fight: leveraged loan issuers vs buyers. Issuers are winning this fight hands down due.
Michael takes a close look at the question of rising committed and unspent capital in private equity, and implications for investors.
The paper discusses the pportunities and risks that institutions should consider when investing in China’s A-Share and private equity markets.
The key political, macro and credit risks that insurers may want to address in 2019.
Markets, economy, stocks, growth, global, fixed income, international, asset classes
We believe the Brexit negotiations will conclude with a relatively “soft” Brexit. But, as current media headlines show, there are still a number of compromises that need to be made on both sides to seal the deal.
Michael Cembalest's timely commentary offers views on the economy, markets and investment portfolios.
Dr. David Kelly discusses the economic impact of the ECB’s decision to use NIRP to boost the European economy.
Explore our latest thinking on recent world and market developments.