Our take on first-quarter earnings

Our take on first-quarter earnings

🕔18:06, 6.May 2019

U.S. earnings growth has slowed markedly from 2018, but a surprisingly resilient first quarter supports our still-positive view on U.S. equities. Kate explains. U.S. stock indexes have rallied to new highs in recent weeks. The S&P 500 is up roughly

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European distressed debt investing in a late-cycle environment

European distressed debt investing in a late-cycle environment

🕔14:02, 6.May 2019

How ‘late’ are we in the current cycle? Investors have tended to focus on strong economic fundamentals and healthy corporate earnings rather than worrying about the adverse impact of rising interest rates and higher inflation on asset prices. More recently

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