November 27, 2020 Will 2021 Mark the Launch of a Durable Global Recovery? by Darren Williams After a difficult winter, we expect the global economy to rebound strongly next year. But structural headwinds remain. Will the post-pandemic bounce trigger a durable and broad-based global reflation? Coronavirus, Economics, Low-Yield Environment Likes 0 SHARE Bookmarks
November 24, 2020 Vaccine Hopes Shouldn’t Drive Healthcare Investing Strategies by Vinay Thapar Hunting for a COVID-19 vaccine isn’t a great strategy for healthcare investors. Focusing on business fundamentals is a much better way to find stocks with long-term potential than searching for any potential blockbuster drug. Coronavirus, Equities Likes 0 SHARE Bookmarks
November 23, 2020 Sudden Shift in Market Leadership Prompts Equity Allocation Questions by Christopher Hogbin Hopes for COVID-19 vaccines have prompted a shift in equity markets. Whether or not recent trends persist, investors should examine their equity exposures for resilience to a potential change in return patterns. Coronavirus, Equities Likes 0 SHARE Bookmarks
November 17, 2020 Can Multi-Asset Investors Find Lasting Recovery in Emerging Markets? by Morgan Harting, Karen Watkin Emerging-market (EM) asset returns substantially lagged their developed-market (DM) counterparts over the last decade. In 2020 so far, EM equity performance has been on par with DM equities. Are we at an inflection point? Coronavirus, Emerging Markets, Low-Yield Environment, Multi-Asset Likes 0 SHARE Bookmarks
November 10, 2020 Elections? Vaccines? What They Could Mean for the US Economy by Eric Winograd Two recent developments could have big implications for the US economic outlook: general elections and news of very promising progress on a COVID-19 vaccine. To understand the ramifications, we have to distinguish near term from longer term. Coronavirus, Economics, Fixed Income, US Election Likes 0 SHARE Bookmarks
November 10, 2020 Municipal Bonds: The State of the States by Terrance Hults, Matthew Norton, John Ceffalio, Richard Schwam States face revenue shortfalls from COVID-19 costs and shutdowns. We look under the hood to assess how some of the most indebted states are faring. Coronavirus, Fixed Income, Municipals Likes 0 SHARE Bookmarks
November 04, 2020 Is There Light at the End of the COVID-19 Tunnel for the Euro Area? by Darren Williams A fresh round of lockdowns means a difficult winter lies ahead for the euro area. But three factors caution against excessive pessimism. Coronavirus, Economics Likes 1 SHARE Bookmarks
October 19, 2020 Do US Elections Matter for Equity Investors? by Richard Brink, Walt Czaicki Even if this US election has a bigger impact on markets than in the past, we would advise against building an investing strategy based on a potential political outcome for several reasons. Coronavirus, Equities, US Election Likes 2 SHARE Bookmarks
October 13, 2020 10 Active Angles on Today’s Market Challenges Investors should consider many angles when evaluating what active managers can offer through a global crisis and an indefinite period of uncertainty. Active & Passive , Coronavirus, Equities, Volatility Likes 1 SHARE Bookmarks
October 12, 2020 Why European Fixed Income Has Become More Attractive by Flavio Carpenzano, Markus Peters Despite the impact of COVID-19, euro fixed-income markets offer active investors attractive opportunities and worthwhile income. Coronavirus, Fixed Income, Low-Yield Environment Likes 1 SHARE Bookmarks
October 05, 2020 Global Equities: Finding Broader Paths Through Narrow Markets by Christopher Hogbin Equity markets advanced in the third quarter but pulled back during September. Market moves were dominated by a small group of giant US stocks. How should investors react? Coronavirus, Equities, US Election, Volatility Likes 1 SHARE Bookmarks
September 18, 2020 Rational Exuberance? Explaining Global Equity Market Gains by Mark Phelps Global stock markets seem to be defying the reality of recessions this year. Despite recent volatility, we think market gains for the year are more rational than perceived, given the powerful impact of stimulus and low rates on stock valuations. Coronavirus, Equities, Volatility Likes 1 SHARE Bookmarks
September 10, 2020 The End Game: How Governments Might Tackle Debt Burdens by Darren Williams, Guy Bruten A wave of policy support to stabilize the world economy has left developed nations with a growing public debt load. What path will governments follow to address the issue? History offers several debt-reduction templates. Coronavirus, Economics, Inflation, Low-Yield Environment Likes 1 SHARE Bookmarks