Preferred securities prices have fallen sharply, presenting an attractive entry point for income-oriented investors who can ride out the volatility.
The 2s10s curve is once again knocking on the door of becoming inverted (while some curves like the 3s10s and 5s10s already are), causing quite a stir among market watchers that recession is imminent. In his latest report, Michael Contopoulos examines the 2s10s yield curve movement leading up to the past 6 times the US economy slipped into a recession and discusses what could be different this time.
Howard Marks’s latest memo connects two seemingly unrelated trends – Europe’s energy dependence and U.S. offshoring – to explain why the pendulum of companies’ and countries’ behavior may be swinging away from globalization and toward onshoring. This shift will likely create risk for investors but also opportunities.
On August 24, 2021, I presented two attractively valued dividend growth stock portfolios. One portfolio emphasized growth over income, and the other emphasized income over growth.
Their track record in periods of rising interest rates suggests municipal bonds could be well-positioned for this year’s market environment.
Americans are still benefiting from a raft of pandemic relief measures that are contributing to the biggest tax refunds seen at this point in the filing season in more than a decade.
The Northern Trust Economics team shares its outlook for key markets in the month ahead.
There are several sources of return that can be achieved by investing in common stocks.
Join the Delaware Funds by Macquarie® Fixed Income team as they discuss the current state of global fixed income markets and how to navigate risks during periods of volatility. This session will include a macro discussion on how recent events have shifted financial markets, the Federal Reserve Policy, how to navigate the current interest rate and inflation environment, and the team’s outlook for the remainder of 2022, with a review on what has happened thus far.
The Fed struck a hawkish tone at its latest meeting, but Franklin Templeton Fixed Income Chief Investment Officer Sonal Desai believes it still underestimates how far rates will likely need to rise—and so do the markets.
Russia’s invasion of Ukraine, the sanctions response, and the gyrations in commodity markets cast an even thicker layer of uncertainty on what already was an uncertain economic and financial market outlook before the onset of this horrific war.
Here’s what to do and what to avoid when writing email subject lines.
The Securities and Exchange Commission proposed rules on Monday that would require publicly traded companies to disclose a variety of climate-related risks and metrics, including greenhouse gas emissions. The reason is plain: Investors want more information about how companies are dealing with climate change, and it’s the SEC’s job to get it for them.
Call them brazen, call them naïve, but stock investors are giving no sign of being daunted by the hottest inflation in decades or the accompanying surge in bond yields. Their boldness has sent analysts in search of ways to explain how the S&P 500 Index has managed to rally in five of the last six sessions, even as the Federal Reserve promises higher rates while war rages in Europe and Treasury rates see the biggest two-day jump in two years.
The pandemic pushed millions of older Americans out of the labor force. It should have spawned a surge in Social Security benefits applications — but it hasn’t. Perhaps because they aren’t retired.
Whether choosing restaurant dinners delivered to their door or at-home meal kits, many Americans have prioritized convenience over cost for the past two years. Food delivery was a big beneficiary. Now accelerating inflation, combined with easing fears about eating in restaurants as Covid cases drop, threaten to deflate the delivery boom. I
ICYMI: In this roundup, we’re highlighting the five most popular pieces of content from the previous week.
European markets have been turbulent because of the region’s proximity to the war in Ukraine and economic links with Russia.
The U.S. bond market reeled further on Tuesday, extending Monday’s declines after Federal Reserve Chair Jerome Powell’s aggressive rate hike comments drove yields on short-dated Treasuries to one of their biggest daily jumps of the past decade.
Actively managed global allocation funds claim that skilled investment managers can produce a superior rate of return compared to traditional index funds. But the reality does not match the hype.
Lead Portfolio Manager Steve Raineri and ESG Lead John Chow of the Franklin Small-Cap Value Team within Franklin Mutual Series discuss small company ESG investing, why it presents an opportunity and how ESG analysis helps investors become better stewards of client capital.
DeFi is creating a new financial system that doesn’t rely on traditional intermediaries like banks or insurance brokers, providing more freedom and creativity.
Dethroning the dollar is easier said than done. That’s the conclusion of investors after Washington’s freeze of Russia’s dollar holdings created fresh impetus among central bankers to rethink the security of access to foreign-exchange reserves. The move fueled speculation that countries such as China could redouble efforts to unshackle itself from greenback-denominated financial systems and look for alternatives.
Elon Musk recommends that investors own “physical things” instead of cash in the face of historically high inflation. So why is he holding on to his Bitcoin and Ethereum?
Recession is where we are headed. So let’s review what it will be like.
The Windfall Profits Tax Bill doesn’t penalize energy companies. It punishes consumers with more inflation. Further, it uses a faulty assumption to help gain support from the public.
Dividend Contenders are mostly fast-growing dividend growth stocks that increase their dividends for 10 to 25 consecutive years.
The pandemic hastens the evolution of the DC plan landscape and challenges plan sponsors to evolve.
Mutual Series’ analysts see value opportunities in the financials sector as the interest-rate environment turns more favorable in the United States and European banks see greater clarity about the impact of the Russia-Ukraine war.
The Northern Trust Economics team shares its outlook for growth and interest rates in a context of high inflation.
With no end to Russia’s attack on Ukraine in sight, energy and agriculture are feeling the strain.
Known for its status as one of the top three US credit bureaus, Equifax is a global data analytics company with a goal of “helping people live their financial best.”
Head of Franklin Templeton Investment Institute, Stephen Dover, hosted a special webinar to discuss rising oil prices and the fundamentals that would impact them in the future.
America’s central bank increased its benchmark interest rate on Wednesday, pushing it up by a quarter percentage point. The hike — the first since 2018 — was widely expected. But at a time when Russia’s war in Ukraine has roiled global markets, U.S. inflation is at its highest level since the 1980s and Covid-19 cases are increasing in some parts of the world, consumers and investors are contending with the prospect of rates going even higher.
The recent surge in gasoline prices suggests we might see a reversal in consumers’ years-long shift towards trucks or sports-utility vehicles back to more modest, fuel-efficient vehicles. But don't expect automakers to go along.
Quick – where were you 25 years ago?
Exchange-Traded Funds (ETFs) holding only Russian equities have had creations suspended and trading halted since the war in Ukraine commenced.
For American consumers wondering who's profiting from the run-up in food prices, it’s instructive to spend a few hours at Rob Tate’s Minnesota farm. Because he wants everyone to know that it sure isn’t him.
The Federal Reserve is poised to raise interest rates Wednesday for the first time since 2018, with investors focused on how aggressive central bankers plan to be in tackling the hottest inflation in four decades.
European investors are struggling to understand new rules designed to confirm the environmental, social and governance (ESG) credentials of portfolios.
As a financial advisor looking to jump to independence as an RIA, you have two doors from which to choose.
The Russian invasion of Ukraine overturned a lot of assumptions about the near-term direction of the global economy.
Russia’s invasion of Ukraine and the world’s subsequent sanctions and actions to curtail Russia’s access to the global financial system have thrown financial markets into turmoil.
Bonds have started slowly in 2022 due to persistent inflation, a looming Fed tightening cycle, and the Russia/Ukraine conflict. We believe the Osterweis Strategic Income Fund is well-positioned to address these challenges, as its flexible mandate and defensive approach help to protect against rising rates and market volatility.
The surging volatility in the world’s biggest bond market is challenging traders trying to play both tighter global monetary policy and a war-induced commodity price shock that’s raising the specter of 1970s-style stagflation.
The Federal Reserve is in a deep hole of its own making as its top policy committee meets this week to announce the start of a long-anticipated cycle to raise interest rates. Inflation is at a 40-year high and still accelerating, the Fed’s inflation-fighting credibility is damaged, and it has lost control of the monetary policy narrative.
Russia’s invasion of Ukraine is a much smaller conflict than World War I, and the trade disruptions associated with the U.S./European quasi-embargo on Russia are smaller than the British blockade of the Central Powers. But the clash is nonetheless a giant step away from globalization — and, unlike World War I, it comes at a time when the world has already been moving away from economic integration.
The extra yield offered by developing-nation sovereign debt over U.S. Treasuries has risen above 500 basis points, crossing a threshold breached only two other times in more than a decade. That’s drawing money managers including FIM Partners and Vontobel Asset Management to bet spreads will quickly tumble, just like they did following the previous spikes.
An important part of tax planning is medical expenses, which add up quickly. Your clients (including spouses and dependents) will have medical expenses throughout the year, and hanging onto those receipts could save them money this year.
