Global Fixed Income Strategy In November 2018, the US Federal Reserve (Fed) announced that it would conduct a broad review of its monetary policy framework. The new framework will likely shape monetary policy in …
State Street Global Advisors has identified the key considerations for investors in the coming quarter, and how markets can be navigated using SPDR ETFs. We remain positive on emerging market debt (EMD). While EMD has recently risen,less developed markets have
#28 A variety of webinars were hosted this past week and next week a few interesting are coming up. Therefore, before we tell you the best read research of week 28, we will highlight two webinars. Last Thursday, Eurizon AM
We entered 2020 with expectations of substantially lower, but positive, beta returns following a near-ideal year for asset returns across the xed income spectrum. As the coronavirus took hold and benign economic expectations gave way to severe disruptions, March saw
#22 Since COVID-19 webinars are booming business, we see this in our calendar analytics as well. Every month the events page is a great hit. Coming month are some very interesting webinars again you don’t want to miss: On June
#16 Again, the page visitors found most interesting this past week was our Events calendar page. In this calendar, you can find all kinds of webinars happening in the investment sector. For example, next week AQR Capital Management holds a
Due to the global spreading of the Covid-19, fears for economic activity increase. The data released this month will provide a first assessment of the damages. The Fed has already cut rate and Central banks will follow also providing liquidity
QMA’s Global Multi-Asset Solutions Group The rapid spread of the coronavirus has triggered a global health crisis, rocked global financial markets, and caused a sudden stop in the global …
In the span of less than three months, the novel coronavirus has shuttered much of the global economy, bringing an 11-year economic expansion to an abrupt end. As our Chief Economist explains in the following pages, broad uncertainty remains regarding
– For the month ended February 29, 2020, the Bloomberg Barclays U.S. Aggregate Bond Index returned 1.80%. Year to the date, the index has returned 3.76%. – U.S. Treasuries returned 2.65% during the month as the yield on the 10-year
BMO Fixed Income For the month ended February 29, 2020, the Bloomberg Barclays U.S. Aggregate Bond Index returned 1.80%. Year to the date, the index has returned 3.76%. U.S. Treasuries returned 2.65% during the month as the yield on the
Market commentary As the year began, so it ended, with yet another strong month for risk assets in December, capping one of the best years for markets since the financial crisis. Equities again led the charge, but leadership for once
Living your best life, if we understand the parlance of our times, is to say live in the moment. This seems like a reasonable strategy for short-term enjoyment, but a fairly mediocre life plan. That approach appears a reasonable analog
Good Tidings for Investors Heading into Year-End Global equities continued their climb, considerably outperforming bonds through November and the first half of December. Within U.S. stocks, relative returns across the capitalization spectrum were fairly tight. Growth outperformed value but cyclical
In 2019, 10-year US Treasury bonds traded in a range of 1.46-2.78%, the fourth-widest range since 2010. In 2020, we think the 10-year Treasury may trade in a similar range, with additional volatility arising from many of the same factors
The year 2019 has given us plenty of fodder for commentary. The Federal Reserve changed its outlook materially, recession worries rose, and the trade war carried on. All the while, the economy has continued to perform admirably, with steady growth,
Convertible bond valuations and fundamentals remain attractive overall, making the asset class well prepared for a potentially trickier year ahead. As we close out a fruitful year for financial markets, it’s fair to say that 2020 will not start with
Corporate earnings expectations have continued to fade as the impact of a global growth slowdown and related trade frictions take hold at the company level. Trade tensions between the United States and China remain elevated though negotiations aimed at reaching
It’s not likely the conditions of 2019 will be repeated, where safehaven government bonds as well as higher risk fixed income assets performed well. We expect 2020 to be marked by a continuation of bifurcated risk appetites, in which many
October has been dominated by big political misses. But central banks have once again set the tone for capital markets, pushing them to new highs. October was all about talk of deals and crucial dead-lines. What happened? The deals got
Opportunities beneath the surface The divergence between different credit qualities widened over the third quarter, as investors gave the lower end a wide berth. Dispersion in spreads between higher and lower-quality credit increased over the quarter. Looking solely at the
Putnam – Fixed Income Outlook Global growth has cooled in 2019 as trade conflicts have taken a toll on international manufacturing, investments, and financial markets. Despite multiple headwinds, the likelihood of a recession — while rising — remains relatively low
Q4 2019 | Fixed Income Outlook Global growth has cooled in 2019 as trade conflicts have taken a toll on international manufacturing, investments, and financial markets. Despite multiple headwinds, the likelihood of a recession — while rising — remains relatively
Bad but not so bad news left the market in a limbo: equity markets were more or less flat in the month, treasury yields remained in the 1.5 / 1.8 range and credit spreads also remained within the trading range
Looking at the issuance performance so far this year, CEE countries have done a very good job. Several countries have already covered this year’s issuance plan and many others have also reached a high number. Slovakia seems to be lagging
"Over the last five months, market participants have been following the COVID-19 pandemic as it has evolved into a #global health crisis and forced various forms of lockdown across the world. The next 12-18 months …" -> https://www.opiniopro.com/2020/09/blue-bay-asset-management/accessing-dislocated-corporate-credit-in-emerging-markets/ #em #corporatecredit
"On the back of a second-quarter rally across emerging market debt (#EMD), #sovereign #bond vulnerabilities still vary significantly by region and country. Lower #oil prices offer a ..." -> https://www.opiniopro.com/2020/09/franklin-templeton/emerging-market-debt-rallies-on-a-wave-of-liquidity/
"As #climatechange and #globalwarming are addressed by tougher regulation by governments (especially in the form of #carbon pricing mechanisms), new emerging technologies, and shifts in consumer behaviors, #global investors are ..." -> https://www.opiniopro.com/2020/09/opiniopro-selection/climate-change-and-credit-risk/ #creditrisk
#Research on #Equities -> https://www.opiniopro.com/tag/outlook+equities/ @Opinio_Pro
"While #active management has always played an important role in retirement plans, the COVID19 crisis has added new layers of complexity to the active versus #passive debate. We observe a number of trends ..." -> https://www.opiniopro.com/2020/09/mfs/back-to-reality/
