Investment Outlook

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Economic Debate Continues, Market Mood Brightens

Economic data seem to confirm our thesis of slowdown, not recession, but do not yet confirm a turnaround; nonetheless, we believe a turning point is approaching.

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Trade Troubles Persist as Central Banks Resist Recession

We view stocks as more attractive than fixed income given our outlook for low, slow, but still positive economic growth.

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What Happened to Corporate BBBond risk?

It was just this summer when many pundits (and some investors) cited over-levered corporations as an ominous sign for corporate bonds. These headlines have largely disappeared. So what happened?

What Happened to Corporate BBBond risk?

October 23, 2019

It was just this summer when many pundits (and some investors) cited over-levered corporations as an ominous sign for corporate bonds. These headlines have largely disappeared. So what happened?

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Hopes Hang on Healthy Consumers

September 17, 2019

U.S consumers have stayed resilient despite faltering manufacturing activity and trade-war hindrances; we think corporate profits will hold up better than expected.

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