Every quarter we ask bond and currency managers to consider valuations, expectations and outlooks for the coming months. Today, we’ve put the spotlight on U.S. rates and inflation expectations, credit markets and casualties from rising U.S. interest rates.
In predictable fashion, the Fed increased borrowing costs again today. How long could the central bank stick to its quarterly rate-hiking rhythm?
The U.S. economy has been growing for nine straight years—but current macroeconomic indicators hint that the good times may be coming to an end as soon as next year.
Italy’s proposed coalition collapsed over the weekend after the president refused to accept euroskeptic Paolo Savona as Minister of Finance. Markets have since reacted, with Italian government bond yields rising above their eurozone counterparts. Unsurprisingly, with the possibility of another election in the cards, market sentiment has shifted to risk-off in light of the political uncertainty.
Fiscal stimulus in the U.S. and newly imposed tariffs make today's late-cycle bull market stand apart from previous ones. Does this mean it could end differently too?
A strong start for markets in January was quickly replaced by uncertainty and volatility, which continue to this day. How might the rest of the year play out?
We believe there are five primary constraints for the UK that will push it toward a soft Brexit when it officially leaves the EU next March.
The first quarter of 2018 was plagued by volatility in equity markets. How did active managers fare in light of this?
Commodity prices have picked up steam recently, particularly in energy and metals. How long could the surge last?
In the first of a three-part series on getting returns in today’s bull market while protecting against the downside—running with the bulls without getting trampled, as we like to say—Global CIO Jeff Hussey explains why using put and call options may help.