Equity markets finally sold off. That should be bad for Momentum, right?
It is important to remember that Investment Grade Private Credit represents a long-term strategic allocation.
But what do Mortgage Credit Fundamentals Say?
In the new tax environment, municipal bonds may become less appealing for P&C insurance companies.
Four recent examples highlight the disparate impact tax reform can have on fixed income investors.
Analyzing the source of recent volatility can help investors determine if recent spread widening is a symptom of broader systemic risk...
Most investors are viewing the potential impact of proposed tax reform through the lens of corporate earnings and economic growth. In our latest analysis, we take a more nuanced look to understand how current proposals might effect corporate behavior and credit spreads.
Risks posed by recent storms are accounted for within RMBS structures and evaluated by investors. However, given the magnitude of the potential devastation associated with these recent storms in such a short time period, it is prudent to reassess this risk.
As we were recently reminded, hurricanes, like other natural disasters, have the potential to be devastating and disrupting events. As Florida and Texas begin the recovery and rebuilding process, historical context provides perspective about the likely impact these storms will have.
Comparing current economic data with 2007 data provides helpful context for the path forward. Our analysis reveals that the U.S. housing market still has meaningful upside. In fact, from several perspectives, we are still in the recovery phase.
Eight years into the slow and steady recovery of the economy and markets, complacency has hit record highs. As the era of complacency continues, we take a closer look at how investors are positioned and why it makes sense to add a little protection to your portfolio before volatility returns.
Despite well-intentioned portfolio construction and hedging decisions, duration gaps can still occur. In this post, we offer analysis to help insurers assess tradeoffs between yield and duration in the current market environment.