March 05, 2021 Crisis Dashboard: Big Data Helps Paint the Big Picture (March Update) by Jonathan Berkow, Scott Krauthamer As investors look for signs of a return to normalcy from the coronavirus crisis, they have a dizzying array of indicators to choose from. We’ve assembled a group of signals, with the help of big data, that may point the way. Coronavirus, Economics, Equities, Fixed Income Likes 2 SHARE Bookmarks
February 26, 2021 How Much Further Will US Rates Rise? by Eric Winograd US Treasury yields have surged, buoyed by optimism about economic growth and rising inflation expectations. We think the Fed will push against rates rising too far, too fast. Economics, Fixed Income, Low-Yield Environment, Rising Rates Likes 0 SHARE Bookmarks
February 25, 2021 Can Mario Draghi Recharge Italy’s Economy? by Darren Williams, Nicholas Sanders Italy’s new prime minister, Mario Draghi, has a well-earned reputation for turning around difficult situations. But can he reverse Italy’s relative economic decline? And what does his program mean for Italian bond yields? Economics, Fixed Income Likes 0 SHARE Bookmarks
February 22, 2021 Will the Energy Sector Evolve or Devolve? by Susan Hutman, Devin Nomellini The energy sector is beginning to adapt to the realities of climate change. Who is best positioned for the future? Fixed Income, Policy & Regulation, Responsible Investing/ESG Likes 0 SHARE Bookmarks
February 19, 2021 Muni Credit Plays Defense When Rates Rise As COVID-19 vaccines roll out and resrictions lift, a US economic rebound could lead to tighter Federal Reserve policy and higher yields. Municipal bond investors may worry about how rising yields could hurt their portfolios. Fixed Income, Low-Yield Environment, Municipals, Rising Rates Likes 0 SHARE Bookmarks
February 15, 2021 The Green Transition: Implications of the European Recovery Plan by Darren Williams, Shawn Keegan, Salima Lamdouar Despite questions over financing the European Union’s (EU’s) new Green Deal, the green transition is now under way. Fixed Income, Responsible Investing/ESG Likes 0 SHARE Bookmarks
February 11, 2021 Cold Cash? How to Redeploy in Hot Markets by Scott Krauthamer Investors have parked record piles of cash on the sidelines amid concerns about valuations and volatility. But short-term safety comes at a price. By defining long-term goals, investors can put idle cash to work despite uncertainty about the path to recovery. Active & Passive , Alternatives, Asset Allocation, Equities, Fixed Income, Low-Yield Environment, Multi-Asset, Volatility Likes 0 SHARE Bookmarks
February 08, 2021 The Future of Bond Trading—and Why It Matters by James Switzer, Sasan Doroudian , Erin Bigley The pandemic has accelerated an evolution in bond trading, and it is already making a difference for investors—if bond managers have embraced tech-enabled trading. Coronavirus, Fixed Income, Tech & Innovation Likes 0 SHARE Bookmarks
February 01, 2021 Better Stimulus Odds Are Shot in the Arm for US Growth Expectations by Eric Winograd The probability of more fiscal relief from Congress has risen—good news for the US economy and a boost to our growth forecast. While risks remain, and it’s too early to talk about the pandemic in the past tense, we’re optimistic the economy can return to more normal footing soon. Coronavirus, Economics, Fixed Income Likes 0 SHARE Bookmarks
January 25, 2021 How Shopping—and Investing—Might Be Enabling Modern Slavery by Michelle Dunstan, Saskia Kort-Chick It may seem shocking, but a simple trip to the local store to pick up fresh produce or clothing could enable human exploitation. For investors, those same connections can exist within their portfolios—and it takes more than a passive effort to root them out. Equities, Fixed Income, Responsible Investing/ESG Likes 0 SHARE Bookmarks
January 22, 2021 Should Bondholders Keep Faith in Europe’s Banks? by Steve Hussey, Jørgen Kjærsgaard For European banks’ stockholders, 2020 was a year to forget. But bank bondholders enjoyed positive returns and may overcome COVID-19 challenges again in 2021, backed by solid balance sheets and supportive regulatory conditions. Fixed Income Likes 0 SHARE Bookmarks
January 13, 2021 2021 Municipal Outlook: Reasons for Optimism by Daryl Clements, Terrance Hults, Matthew Norton Municipal bond issuers’ financial health and resiliency—which helped in 2020—should support opportunities for active muni investors in 2021. Fixed Income, Municipals Likes 0 SHARE Bookmarks
January 12, 2021 2021 Outlook: Will Global Credit Be in the Sweet Spot? by Jørgen Kjærsgaard, Tiffanie Wong, Will Smith Credit markets have staged an epic rebound from the depths of March 2020. But in a low-growth, low-yield world, we believe there may be more room to run in 2021. Coronavirus, Fixed Income, Low-Yield Environment Likes 0 SHARE Bookmarks