Improving credit fundamentals, light tax-exempt supply and robust demand have driven the strong performance of municipal bonds in 2019.
A weekly review of global markets and multi-asset portfolios
2011 estimates and the thinking behind the numbers. Executive summary
An overview of our 2018 assumptions illustrated in an easy to read infographic.
The impact of technology on long-term potential economic growth illustrated in an easy to read infographic.
Mostly stable, mostly moderate
Expected returns and correlations of asset classes.
2019 Long-Term Capital Market Assumptions Executive Summary Inforgraphic
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.
This executive summary gives a broad overview of our 2019 Long-Term Capital Market Assumptions.