April 04, 2020 Bond Investing as Coronavirus Crisis Intensifies by Scott DiMaggio, Gershon Distenfeld Most of the bond market sold off in March as the coronavirus crisis intensified. But as past crises have shown, indiscriminate selloffs can generate big opportunities. Coronavirus, Fixed Income, Volatility Likes 0 SHARE Bookmarks
March 27, 2020 The Key Part of the US Fiscal Relief Package? Willingness to Act by Eric Winograd The historic US fiscal aid package isn’t a quick fix, but it provides welcome relief and will make it easier for the US economy to rebound when the coronavirus crisis eases. More important, it shows that Congress is willing to act swiftly and dynamically. Business Owners, Coronavirus, Economics, Equities, Fixed Income, Volatility Likes 0 SHARE Bookmarks
March 18, 2020 Could US Municipals Suffer as Coronavirus Spreads? by Daryl Clements Are municipal bond issuers vulnerable to the COVID-19 pandemic? We assess key sectors, from states to hospitals to airports. Active & Passive , Coronavirus, Fixed Income, Municipals Likes 0 SHARE Bookmarks
March 18, 2020 The Fed Could Roll Out De Facto Fiscal Policy Under Section 13(3) by Eric Winograd Conventional wisdom says the Fed is pretty much out of tools to support markets and an economy derailed by the coronavirus. But if things don’t stabilize soon or if the fiscal response is too slow, we expect the Fed to take on broad fiscal-like authority to funnel liquidity into struggling businesses and households. Coronavirus, Economics, Equities, Fixed Income, Volatility Likes 0 SHARE Bookmarks
March 10, 2020 The Fed and Coronavirus: Is Fiscal Help Needed, Too? by Eric Winograd With markets reeling from concerns over the coronavirus and plummeting oil prices, the US Federal Reserve took another step Monday to shore up markets. The Fed has more in its toolbox, but fiscal policy may also be needed to fill a gap in the US economy. Coronavirus, Economics, Fixed Income, Late-Cycle Investing, Volatility Likes 0 SHARE Bookmarks
March 05, 2020 The Late Cycle: Staying Balanced in Volatile Markets by Scott DiMaggio, Eric Winograd Expecting the unexpected? Our Co-Head of Fixed Income and our US economist discuss bond strategies for volatile times. Fixed Income, Late-Cycle Investing, Volatility Likes 0 SHARE Bookmarks
March 04, 2020 Fed May Cut Rates Further to Counter Coronavirus Headwinds by Eric Winograd This week’s Fed rate cut helped steady financial markets reeling from the expected impact of the coronavirus on the US economy, and we think more cuts are coming—in March and beyond. The economy should rebound in the second half of the year, though at a lower full-year pace. Coronavirus, Economics, Fixed Income, Volatility Likes 0 SHARE Bookmarks
February 26, 2020 China’s Bond Markets Can Weather Coronavirus by Jenny Zeng, Mo Ji, Hua Cheng As China’s leaders scramble to contain the COVID-19 epidemic, the global community braces for impact to China’s people, equity and bond markets, and economy. China, Coronavirus, Economics, Emerging Markets, Fixed Income Likes 1 SHARE Bookmarks
February 26, 2020 High-Yield Investors Should Look Beyond US Corporates Investors who want bigger returns from their high-yield strategies should consider a global approach. Fixed Income, Late-Cycle Investing Likes 0 SHARE Bookmarks
February 24, 2020 The Late Cycle: Fiscal Stimulus Ahead? by Scott DiMaggio, Eric Winograd Is the impact of global monetary stimulus waning? Our Co-Head of Fixed Income and our US economist discuss whether fiscal stimulus will pick up the slack. Economics, Fixed Income, Late-Cycle Investing, Volatility Likes 0 SHARE Bookmarks
February 12, 2020 Are High-Yield Returns Predictable? Key Metric Suggests Yes One way for high-yield investors to gauge how their bonds may fare down the road has been with this simple, accessible and historically accurate tool. Fixed Income, Late-Cycle Investing Likes 0 SHARE Bookmarks
February 05, 2020 The Late Cycle: The Fed Balance Sheet by Scott DiMaggio, Eric Winograd The Fed balance sheet is back. Our Co-Head of Fixed Income and our US economist discuss what recent stimulus means to the economy and markets. Economics, Fixed Income, Late-Cycle Investing Likes 0 SHARE Bookmarks
February 04, 2020 Beyond Green Bonds: Innovations in Sustainable Investing by Shawn Keegan ESG investors, take note: a controversial new bond format that links a company’s sustainability goals to its bottom line could be a game changer. Fixed Income, Responsible Investing/ESG Likes 0 SHARE Bookmarks