What do our long-term growth and inflation forecasts say about today’s economy?
Macroeconomic assumptions: Mostly stable, mostly moderate
Where do we expect bond yields to go?
Where do we see potential within alternatives?
Where can investors find sustainable sources of return?
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.
What are the bright spots in fixed income?