Where should core or core plus portfolios look to find value?
Do high yield bonds and leveraged loans still have room to run?
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.
EURUSD should be rangebound
Is now the time for de-risking?
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.
In today’s investment environment rates are lower, this inflates the value of future cash flows and pushes equity market multiples higher.
The U.S. economy should slow but not stall in 2019 due to fading fiscal stimulus, higher interest rates and a lack of workers. Even as unemployment falls further, inflation should be relatively contained.
Understand how participants view features such as re-enrollment and target date funds to gain perspective on their potential.
As the U.S. becomes entirely self-sufficient and even begins to become a net exporter of oil, it is likely to keep a lid on oil prices in the long-term.