In a late-cycle, rising interest rate environment, duration can be overlooked. But looking at the bond market today, might it be worth giving duration a second chance?
The 2Q18 earnings season has begun, with the major banks kicking things off at the end of last week. We expect many of the themes that dominated earnings announcements in the first quarter to continue in the second
Our view over the past few quarters has been that EURUSD should be rangebound, as the cyclical outperformance of the US economy is offset by the eurozone���s relatively better balance of payments position.
Taft-Hartley defined contribution plans: The pros and cons of trustee- vs. participant-directed investment
Should trustees of Taft-Hartley plans manage the plan investments themselves or permit participants to direct the investment of their individual accounts?
The topic of trade remains front of mind for investors, businesses and consumers. This year, online searches for the words ���trade��� and ���tariffs��� have surged��to levels not seen at any point over the past 15 years.
Negative effects would occur in the context of an economy less energized by fiscal stimulus than was the case last year.
Themes and implications from the Global Fixed Income, Currency & Commodities Investment Quarterly
One of the most perplexing things about the recent stock market rally is that it has occurred against a backdrop of equity fund outflows and bond fund inflows. In fact, according to the Investment Company Institute (ICI), from the end of 3Q18 through the
In this paper, we assess the potential risks associated with such a strategy by stressing capital requirements using spread-implied ratings.