We are upgrading our view on equities to reflect early signs of an upturn in macroeconomic data, falling recession risk and an increase in the chance of at least a limited U.S.-China trade deal.
Armageddonists and the portfolio cost of fear, 2010-2019
A close look at the Progressive Agenda, China’s deteriorating welcome mat in DC and US Tech IPOs.
Michael Cembalest analyzes the performance of over 6,700 domestic and international active equity managers, and discusses the challenges they face outperforming at a time of markets distorted by quantitative easing.
A brief comment on a proposal from leading Presidential candidates to ban hydraulic fracturing everywhere, immediately.
An update from the front lines of the Trade War, with a focus on implications for investors
Updated each quarter, the Guide to the Markets illustrates a comprehensive array of market and economic trends and statistics.
Why the US dollar may not be as overvalued as you think
Implications for insurance capital requirements
This paper examines the U.S. commercial mortgage loan (CML) market and U.S. insurers’ investments in CMLs.