Investment Outlook

City at Sunset

Good Tidings for Investors Heading into Year-End

After a tremendous run in equities and more than a decade without a U.S. recession, we expect muted, albeit positive forward returns.

Blue sky through building

Fixed Income 2020 Outlook

When beta is expensive, tactical decisions make a world of difference—here is how we are positioning portfolios heading into 2020.

Globe on Puzzle

Fed Hopes Third Time is the Charm, as Global Growth Shows Improvement

Global monetary policy easing is beginning to revive manufacturing, lowering the risk of a U.S. recession within a year. We therefore retain a modest overweight to stocks.

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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Tweet Trumps Fed

August 12, 2019

Recently, we asked which had more clout with investors, the FOMC or President Trump’s tweets. Now we know: tweet trumps Fed.

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