April 17, 2018 Who’s Afraid of Rising Rates? by Douglas J. Peebles Investing 101 tells us that rising interest rates are bad for a bond portfolio. But if you’ve got a long investment horizon, that isn’t necessarily so. We think investors should be more concerned about the end of the credit cycle than rising rates. Fixed Income, Rising Rates Likes 0 SHARE Bookmarks
April 16, 2018 Safety Stocks: Mind the Debt by Nelson Yu Rising rates are adding new risks to equity markets. Stocks of companies that are saddled with debt have underperformed recently. And leverage is especially high in sectors widely seen as safe havens. Equities, Rising Rates Likes 0 SHARE Bookmarks
April 11, 2018 Inflation? For Muni Investors, the Right Strategy Is Key by Daryl Clements Should municipal bond investors be thinking about inflation protection? Without a doubt. But some inflation strategies are better than others. Choosing the right one could make all the difference. Fixed Income, Inflation, Municipals, Rising Rates Likes 0 SHARE Bookmarks
April 09, 2018 Debt, Tech and Trade Wars Cloud the Investment Horizon by Sharon Fay Global equities posted their first quarterly decline in two years during a volatile first quarter. Growing concerns about rising rates, trade wars and regulation in the technology sector will require a new mindset for investors. Emerging Markets, Equities, Inflation, Rising Rates Likes 0 SHARE Bookmarks
April 03, 2018 Why Passive Investing Isn’t a Panacea by Richard Brink, Walt Czaicki, Scott Krauthamer The active/passive debate has been raging for years, and both approaches have merit. But there’s more to the story than meets the eye. Investors who commit too much to passive—and not enough to active—could face mounting risks. Equities Likes 0 SHARE Bookmarks
March 26, 2018 What to Do About Rising Rates? Just Give It Time. Worried about rising rates? Don’t take your money out of the municipal market and put it in cash. That could cost you. Fixed Income, Municipals, Rising Rates Likes 1 SHARE Bookmarks
March 23, 2018 Will Geopolitics Fuel Global Volatility? by Darren Williams Economic trends clearly point toward higher inflation and interest rates ahead, which will likely make capital markets more volatile. Based on recent headlines, politics seems likely to add fuel to this fire. Economics, Rising Rates Likes 1 SHARE Bookmarks
March 23, 2018 High Stakes: Why Trade Policy Matters by Eric Winograd Steel and aluminum tariffs aren’t a big deal for the US economy. But they may be for US trading partners and global growth. Focus on the trade shortfall also obscures a bigger concern: the US fiscal deficit. Economics, Policy & Regulation Likes 0 SHARE Bookmarks
March 22, 2018 Can Investors Make Money in a US–China Trade War? by Stuart Rae, John Lin President Trump’s plans for tariffs on about $60 billion of Chinese imports have rattled equity markets. Investors should begin to study which types of industries, countries and companies could win or lose if an all-out trade war erupts. Economics, Emerging Markets, Equities Likes 0 SHARE Bookmarks
March 21, 2018 Do Your Target-Date Funds Measure Up to Rising Rates? by Jennifer DeLong, Daniel J. Loewy, Christopher Nikolich Rising US interest rates could pose a challenge for target-date funds (TDFs) that concentrate on “core” US fixed-income exposure. Diversifying across a broad range of bond markets and strategies can create a cushion in a rising-rate environment. Multi-Asset, Rising Rates, Target-Date Solutions Likes 0 SHARE Bookmarks
March 21, 2018 Emerging Markets, Emerging Political Change by Shamaila Khan A lot of positive political change isn’t reflected in emerging market (EM) asset prices. EM investors still demand extra return for political risk even though that risk is going down in some countries—and opportunities are increasing. Emerging Markets, Fixed Income Likes 0 SHARE Bookmarks
March 21, 2018 Facebook Scrutiny Raises Questions About Tech Giants As Facebook’s market capitalization has tumbled by $60 billion over two days, investors have refocused on the gargantuan proportions of US mega-cap stocks. Apple, Google and Facebook dwarf several major national market indices. Equities Likes 0 SHARE Bookmarks
March 20, 2018 Where Will the Fed’s Rate-Hike Cycle End? by Eric Winograd There’s not much suspense around this week’s Fed meeting: the fed funds target rate is almost certain to rise by 25 basis points. We think it’s more important not to overlook this cycle’s endgame. Economics, Inflation, Rising Rates Likes 0 SHARE Bookmarks
March 20, 2018 The Surprising Solutions to Managing a Rising-Rate Environment by Douglas J. Peebles What should bond investors do when rates are rising and the credit cycle is ending? Perhaps not what you would expect. But getting this right can be critical for the health of your fixed-income allocation. Fixed Income, Rising Rates Likes 0 SHARE Bookmarks
March 15, 2018 Watch China to See the Future of Digital Innovation by Sammy Suzuki China is rapidly becoming a trendsetter in many digitally driven industries. This is turning conventional research methodology on its head. Investors should look to China to discover where technology and retail markets around the world are headed. Emerging Markets, Equities Likes 0 SHARE Bookmarks
March 14, 2018 Why Active Management Failed…and Didn’t by Richard Brink, Walt Czaicki, Scott Krauthamer Passive equity strategies have seen massive inflows over the last decade, in part owing to active management’s struggles. But a closer look at the story within the story suggests that leaving active out of the equation could be leaving money on the table. Equities Likes 0 SHARE Bookmarks