October 02, 2019 Is the Trade War a Blessing in Disguise for China’s Tech Sector? by John Lin, Stuart Rae, Min Zhou Complex ties between US and Chinese technology sectors are being tested by trade war tensions. But some steps taken by the US against Chinese multinational giant Huawei Technologies could backfire and spark a new phase of development for the Chinese technology sector. Equities, Trade Wars Likes 0 SHARE Bookmarks
September 16, 2019 Evaluating Challenges to the Global Economic Outlook by Darren Williams The global economy faces its most challenging year in over a decade. Policymakers still have options, but can they use them effectively? Economics, Trade Wars Likes 0 SHARE Bookmarks
September 11, 2019 Income Investing When (Trade) Tensions Run High by Monika Carlson Trade tensions—and the volatility they bring—are forcing investors to think about new ways to generate low-volatility income. A mortgage income strategy that balances high-quality securities with historically high-returning ones can help Fixed Income, Later in the Cycle, Trade Wars, Volatility Likes 0 SHARE Bookmarks
August 14, 2019 Why Today’s Inverted Yield Curve Isn’t Necessarily a Recession Warning by Erin Bigley, Chris Marx The most closely watched part of the US yield curve inverted this week for this first time since 2007, suggesting that a recession may be around the corner. We’re not convinced that’s true. Active & Passive , Equities, Fixed Income, Trade Wars, Volatility Likes 1 SHARE Bookmarks
August 07, 2019 China’s Currency Weakness: Not as Bad as it Seems—Yet by Mo Ji China’s currency depreciated this week, with the exchange rate rising to more than 7.0 renminbi per US dollar, unnerving investors and markets worldwide. Here’s the good news: we don’t think the renminbi will continue to weaken at the same pace. Currency, Economics, Trade Wars Likes 0 SHARE Bookmarks
August 05, 2019 Is a New Front About to Open in the US-China Trade War? by Eric Winograd Financial markets are focused on the ongoing trade war between the US and China—which goods and services are in play and what measures are being taken or threatened in each case. But the trade conflict could spill over into currency markets—and that’s a risk that bears watching. Currency, Economics, Trade Wars Likes 0 SHARE Bookmarks
July 30, 2019 Midyear Bond Outlook: Making Sense of Conflicting Signals by Douglas J. Peebles The first half of 2019 was kind to financial markets. Will the good times keep on rolling? In our view, that will depend on whether loosening monetary policy is still an effective way to boost growth. Fixed Income, Later in the Cycle, Trade Wars Likes 0 SHARE Bookmarks
July 08, 2019 Global Equities: Searching for Symptoms of Three Mounting Risks by Sharon Fay, Christopher Hogbin Global equities advanced in the second quarter, but the path was rocky. Incoming earnings reports will provide important clues about how companies are coping with mounting challenges—from trade wars to global growth—and how investors should position. Later in the Cycle, Trade Wars, Volatility Likes 0 SHARE Bookmarks
July 01, 2019 European Automakers – Trade War Woes Add Pressure on Bonds by Robert Schwartz, Jørgen Kjærsgaard Trade war fears have dominated the headlines recently, but European automakers already face other serious headwinds. We believe bond investors should tread warily in this sector. Fixed Income, Trade Wars Likes 0 SHARE Bookmarks
June 10, 2019 Hard Landing for China’s Growth? Six Factors to Watch by Mo Ji, Shamaila Khan Will China’s economy suffer a hard landing? That’s been a concern voiced by investors almost every year for the past 10 years. But now, with China’s incredible increase in debt and leverage (not to mention escalating trade wars), the possibility of a hard landing would have critical implications for all global markets. Economics, Emerging Markets, Fixed Income, Trade Wars Likes 0 SHARE Bookmarks
June 06, 2019 Trade Wars Likely to Change the Fed’s Interest-Rate Game Plan by Eric Winograd The trade war has taken a harsher turn, threatening to further dampen economic growth. We expect the Fed to respond with sizable rate cuts, but the timing and amounts are more speculative than normal. Why? Economic data haven’t yet taken a major downward turn, and there’s uncertainty over how the Fed will react. Economics, Fixed Income, Trade Wars Likes 0 SHARE Bookmarks
May 28, 2019 China and US: Tug of Trade War by Mo Ji, Shamaila Khan The latest spike in trade tensions between the US and China raises the stakes for the G20 meeting in late June. It also has some investors questioning how China will manage growth as well as fiscal and monetary policy to keep stability through these uncertain times. Economics, Emerging Markets, Fixed Income, Trade Wars, Volatility Likes 0 SHARE Bookmarks
May 22, 2019 Emerging Markets: Widen Your Lens Beyond Trade Tensions by Morgan Harting The beauty of EM investing is you can find opportunities in stocks or bonds beyond the narrow focus of headlines. Emerging Markets, Trade Wars, Volatility Likes 0 SHARE Bookmarks