The reality—or the specter—of ultra-low or negative interest rates, and the journey to them, involves broad impacts on asset classes, particularly alternatives.
A series of loosening signals from China’s central bank in recent weeks point to an incrementally more dovish policy stance, supporting market sentiment.
We may not be outright US dollar bulls, but fundamentals and quantitative valuation factors both suggest that investors are currently too negative on the currency.
As a recovery in macro data produces glimmers of hope for the global economy, we question whether there is any value buying risk assets heading into the final month of the year, or if the market first needs more clarity on a trade deal to price in its con
European high yield spreads are still above their long-term tights, but that doesn’t take quality into account. Are fundamentals robust enough to justify taking more risks?
Long-Term Capital Market Assumptions currency matrix for the Danish krone
Long-Term Capital Market Assumptions currency matrix for the Swedish krona
Long-Term Capital Market Assumptions currency matrix for the Chinese renminbi
Why the US dollar may not be as overvalued as you think
Long-Term Capital Market Assumptions currency matrix for the Swiss Franc