Investors are concerned about the deterioration of corporate debt quality.
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.
In the third quarter, emerging market (EM) earnings and earnings expectations cycles finally began to turn. Reported profits and margins rebounded off their cyclical lows and earnings estimates moved out of negative territory, diminishing a headwind that
Following two years of double-digit positive performance, emerging market (EM) equities have reversed course this year.
Global markets and multi-asset portfolios
Markets have bounced back nicely in 2019 after a volatile December due to concerns of rising rates, peak economic and earnings growth and geopolitical tensions.
A slowdown is coming sooner rather than later. Investor should remain cautiously optimistic to environment growth, with a bias on quality and eye on duration.
With more and more companies now privately held, investors have shifted their focus to how they can exit these investments and get their money back.
The U.S. economy is growing at an above-trend pace, and the rest of the world seems to be finding its footing.
Trade was the hot topic of 2018, with the U.S. administration engaging in negotiations with many major trading partners.