In this paper, we assess the potential risks associated with such a strategy by stressing capital requirements using spread-implied ratings.
We cut the chances of recession to 25% after a thaw in the trade war and a year of rate cuts; our forecast is for sub trend growth. Favored sectors include emerging market local currency debt and higher rated short-duration securitized credit.
Mario Draghi reacted to the increased economic risks to the economic outlook with a bold package of monetary easing measures.
The existing Brexit deal has once again failed to win the backing of a majority in parliament.
The S&P 500 could hit 10,000 by the mid-2030s
The times when investors were able to enjoy a quiet summer seem to be over. August was a volatile month for financial markets, with the VIX averaging 19, compared to 13 in July.
In evaluating climate risk in a potential equity investment, we consider both the physical aspects of climate change and the implications of the ongoing energy transition to a low carbon economy.
Why J.P. Morgan Asset Management uses weighted average carbon intensity in its fund reporting