This paper examines the U.S. commercial mortgage loan (CML) market and U.S. insurers’ investments in CMLs.
A pause in trade escalation is welcomed as it should allow the global economy to stabilize; however, investors shouldn’t assume trade tensions have gone away.
Given current and projected productivity and labor supply dynamics, productivity is unlikely to provide a significant lift to future growth.
The paper discusses the opportunities and risks that institutions should consider when investing in China’s A-Share and private equity markets.
Market sentiment towards the Chinese currency has shifted significantly
Despite the Swiss National Bank (SNB) continued to characterise the Swiss franc as highly valued, we suggest that any overvaluation may be illusory.
This research examines the evolution of baby boomer balance sheets and attempts to assess and quantify its implications for markets and investors.
The bond bear market, continued normalizing of monetary policy and need to finance expanding U.S. budget deficits, long-term rates are set to rise.
Reaching for yield, which we define as buying bonds with wider spreads after controlling for sector and rating impacts, is a topic that frequently arises in the life insurance industry.
Inventories tend to have a cycle of their own, growing and contracting several times over the course of an expansion.