In this paper, we assess the potential risks associated with such a strategy by stressing capital requirements using spread-implied ratings.
A summary of the factors driving global markets over the last month.
The S&P 500 could hit 10,000 by the mid-2030s
Learn how J.P. Morgan creates customized plans to help clients implement a liability driven investment (LDI) strategy.
Learn more about J.P. Morgan’s views on fixed income, the economy and markets.
The paper discusses the pportunities and risks that institutions should consider when investing in China’s A-Share and private equity markets.
Themes and implications from the Global Fixed Income, Currency & Commodities Investment Quarterly
What investors should consider
Bond yields remain at or near historic lows around the world, leading to a substantial increase in the value of pension plan liabilities.
While tariffs remain a concern, the key issue is the degree—which we deem moderate—of U.S. recession risk. The current global backdrop makes the U.S. dollar unlikely to strengthen. Earnings growth expectations are modest, valuations are undemanding