Back to homepage

Tag "FED"

With oil at $65, energy stocks look cheap

With oil at $65, energy stocks look cheap

🕔07:24, 19.Apr 2019

Despite being up 25% from December 2018 lows, Russ discusses the factors that remain supportive of the energy sector. With the S&P 500 Index up 15% year-to-date, it is no trivial thing to be “beating the market.” As a general

Read Full Article
UBS House View, Investor’s Guide

UBS House View, Investor’s Guide

🕔13:02, 16.Apr 2019

UBS House View, Investor's Guide “Begun the MMT Wars Have” declared a Bloomberg commentary earlier this month. Likening a debate about economic theory, Yoda-style, to the galactic conflict of Star Wars may seem stranger than science fiction. But the debate

Read Full Article
How I learned to stop worrying and love the bond

How I learned to stop worrying and love the bond

🕔07:16, 16.Apr 2019

Jeff explains that bonds appear to be back to playing their traditional role as diversifiers against stock downturns. But a look back in history reveals that inflation may be key to how well this relationship holds up in the future.

Read Full Article
Market turbulence and policy reversal shouldn’t cow investors

Market turbulence and policy reversal shouldn’t cow investors

🕔18:06, 15.Apr 2019

Rick Rieder and Russ Brownback argue that despite the market turbulence witnessed in the past several months, as well as a dramatic policy reversal, we find ourselves at a moment of remarkable economic stability. That fact, along with greater policy

Read Full Article
Weekly Economic Commentary

Weekly Economic Commentary

🕔11:02, 15.Apr 2019

In this issue Lessons from Illinois Sino-Nippon Trade Relations The Fed’s New Face(s)?

Read Full Article
Dovishness Reverberates Globally

Dovishness Reverberates Globally

🕔11:02, 15.Apr 2019

Multi-Asset Solutions Weekly Strategy Report The dovish shift from the Federal Reserve earlier this year has reverberated throughout the world, reflected not only in financial market performance but also in the stances of other central banks. What looked, at this

Read Full Article
Squeeze

Squeeze

🕔13:56, 12.Apr 2019

Fixed income markets are enjoying a good run with the Federal Reserve again, suggesting this week that rates are on hold for the foreseeable future. Brexit has been delayed and the economic data continues to look more like “goldilocks” than

Read Full Article

FEDS 2019-024: Uncertainty shocks, monetary policy and long-term interest rates

🕔23:00, 11.Apr 2019

Gianni Amisano and Oreste Tristani | We study the relationship between monetary policy and long-term rates in a structural, general equilibrium model estimated on both macro and yields data from the United States. Regime shifts in the conditional variance of

Read Full Article
Mixed message: What the bond markets are saying

Mixed message: What the bond markets are saying

🕔07:12, 9.Apr 2019

The recent yield curve inversion has many market watchers wondering whether recession is on the horizon. The corporate bond market tells a different story. The yield curve, which plots Treasury yields across the maturity spectrum, serves as an indicator for

Read Full Article
A record-breaking quarter

A record-breaking quarter

🕔17:17, 8.Apr 2019

Key points The first quarter of 2019 has been record-breaking in credit markets, with some surprising winners The dovish change in the European Central Bank’s policy outlook at its 7 March meeting boosted the performance of euro credi Fund flows

Read Full Article
A cautious short-term stance toward Treasuries

A cautious short-term stance toward Treasuries

🕔16:19, 8.Apr 2019

We are cautious on U.S. Treasuries in the short term after the recent rally. Yet we still advocate exposure to build portfolio resilience. Scott explains. U.S. Treasury yields dropped sharply in March, breaking out of the tight range they had

Read Full Article
Fed Zeppelin: Is the Fed making a mistake?

Fed Zeppelin: Is the Fed making a mistake?

🕔10:28, 8.Apr 2019

We were optimistic about a 2019 rebound in the US and in Emerging Markets, as described in our Dec/Jan Eye on the Market notes. But markets have now moved even higher than I expected. US equity valuations are well above

Read Full Article

Are the yield curve’s predicative powers diminishing?

🕔10:20, 8.Apr 2019

The US yield curve has inverted before every recorded recession over the last five decades1, however the spate of recent and unconventional monetary policy could potentially be rendering the barometer’s predicative powers obsolete. March 2019 saw the inversion of the

Read Full Article
Warmer weather please

Warmer weather please

🕔16:37, 5.Apr 2019

There have been some signs of global growth stabilising, although European data is lagging. China and the US published stronger data on manufacturing last week. Bond yields have risen a bit, suggesting recession fears have receded somewhat. This is a

Read Full Article
Why Markets Are Overreacting to Europe’s Bind

Why Markets Are Overreacting to Europe’s Bind

🕔11:02, 5.Apr 2019

Investment Strategy Insights  Imagine being joined at the hip to China’s economy, having to ride its ups and downs, while at the same time being subject to Federal Reserve policy through a fixed peg to the US dollar. That’s the

Read Full Article
Investment Monthly April 2019

Investment Monthly April 2019

🕔11:02, 5.Apr 2019

Further Fed dovishness The global Nowcast (our big data analysis tool) remains below our sense of trend growth, although there are tentative signs of a stabilisation. US growth is still robust, with further evidence of rising wage pressures Our Nowcast

Read Full Article
3 investing ideas for the second quarter

3 investing ideas for the second quarter

🕔07:59, 5.Apr 2019

We see a repeat of the first-quarter rally as unlikely, and advocate more carefully balancing risk and reward as the second quarter kicks off. Richard shares three investing ideas for this quarter. Markets are off to a strong start in

Read Full Article
Why stocks need the Fed even more

Why stocks need the Fed even more

🕔16:40, 4.Apr 2019

With growth soft, financial conditions are key for investors, Russ explains. The first quarter has witnessed a spectacular equity rally, despite stalling in recent days. During the same period volatility has plunged. The VIX Index, a measure of S&P 500

Read Full Article

Investors’ yield appetite has returned and the Asian credit rally shows no sign of abating

🕔12:58, 4.Apr 2019

What’s driving this rally? This rally is being driven by a combination of a dovish Federal Reserve, accommodative Chinese policies and signs of a trade war resolution, all of which appear to have revised investor sentiment. What does this mean

Read Full Article
Key investment themes for the second quarter

Key investment themes for the second quarter

🕔07:17, 3.Apr 2019

Richard lays out our views for the second quarter–including three refreshed investment themes. Global stocks have had a strong start of the year. Will the rally be sustainable? We see a repeat as unlikely and a narrower path for risk

Read Full Article
Review of markets over March 2019

Review of markets over March 2019

🕔13:13, 1.Apr 2019

The new year has brought with it a new wave of optimism, with equities and credit rallying strongly across the world. The sell-off in equities and credit in the final quarter of last year was caused predominantly by concerns about

Read Full Article
Uncommon truths: Tight but loose

Uncommon truths: Tight but loose

🕔13:02, 1.Apr 2019

Is the Fed too loose or too tight? Recent market behaviour suggests there is a belief that it is too tight. However, we continue to believe it is very accommodative and find support from the Taylor Rule (even when adapted

Read Full Article
The Fed: Cutting through the BS

The Fed: Cutting through the BS

🕔02:01, 30.Mar 2019

The US central bank moving towards the end of its balance sheet unwind Fed decides on floor system, paving way for balance sheet decision At the January Federal Open Market Committee (FOMC) meeting, the Federal Reserve (Fed) announced that it

Read Full Article

Still here…

🕔16:33, 29.Mar 2019

Britain was supposed to have left the EU today. As you may have noticed, it hasn’t. The future remains uncertain, especially as there will be more political change. The real work will begin once the withdrawal has taken place but

Read Full Article
Global Fixed Income Views 2Q 2019

Global Fixed Income Views 2Q 2019

🕔15:53, 29.Mar 2019

Scenario probabilities (%) Source: J.P. Morgan Asset Management. Views are as of March 21, 2019. MARCH MADNESS Anyone in the U.S., or passing through this time of year, knows all too well about the collegiate basketball spectacle known as March

Read Full Article

Search

Featured Events

  1. First Trust Event: The Antidote to Conventional Wisdom

    April 25 @ 17:00 - 20:00
  2. Long-term Equities

    May 21 @ 13:00 - 17:00
  3. Equity investing for the long-term

    May 22 @ 13:00 - 17:00

Asset Allocation Consensus

Search on date

April 2019
M T W T F S S
« Mar    
1234567
891011121314
15161718192021
22232425262728
2930