Many investors are concerned about the risks to growth and the potential for higher inflation in Peru following two recent shocks.
Markets breathed a sigh of relief today as the moderate centrist candidate Emmanuel Macron qualified for the second round of the French presidential election in two weeks, together with the far-right anti-establishment candidate Marine Le Pen.
If you had asked that question at the end of February this year, you could have plausibly pointed to two key factors to explain the drop in volatility. First, the U.S. equity market (as measured by the S&P 500) had rallied 10% since November’s surprise election of Donald Trump – and rallies in equities typically are accompanied by drops in volatility.
Ask an investor if most active bond funds outperform their passive counterparts and the response is likely to be "no."
A review of last month’s market-moving events across countries and asset classes.
Don’t get too excited about the recent rise of headline U.S. inflation above the Fed’s target.
The way in which the Fed normalizes its balance sheet will have important implications for markets.
We are now more confident in our baseline view that the global economic expansion will be strengthening and broadening over our cyclical horizon.
It’s hard to imagine a more challenging decade for income investors than the past 10 years. It was bookended by the great financial crisis and the surge in populist politics that led to the election of Donald Trump as U.S. President.
The Federal Reserve faces three complications to removing monetary policy accommodation.