Russia’s energy tentacles, intertwined throughout Europe’s power network, may prove difficult to excise.
Should the Russia-Ukraine conflict persist, it would lead to further tightening of financial conditions
Russia’s invasion of Ukraine opens a new phase of global uncertainty that could have major repercussions
We have strong conviction that the U.S. and global economic expansion will continue at an above trend pace this year, and that growth will persist into 2022.
The investment climate has changed dramatically over the last 15 years. The playbook for alpha generation needs to be updated.
This paper presents a glide path design process that seeks to maximize the probability of successful retirement by factoring plan participant profiles into investment decisions.
Selecting a target date fund that best aligns with a retirement plan’s objectives and participants requires evaluation of four key aspects of fund design — glide path, asset allocation, underlying managers and portfolio construction.
Fear of runaway inflation remains at the top of investors’ list of concerns—a closer look at the data suggests cooler heads will prevail.
The U.S. economic outlook continues to strengthen, with accelerating vaccinations, broadening activity and government support. The global economy should accelerate, but with less certainty due to uneven vaccination progress across countries.
We believe the economy will grow well above trend throughout 2021, as massive pent-up consumer demand is released by vaccination progress, states reopening and highly accommodative government policy.
Our outlook continues to be that economic recovery is in the offing and will broaden into synchronous, global expansion. Segments of the economy that were protected from the pandemic should stay in a healthy holding pattern.
Headlines suggest a significant disconnect between “Main Street” and “Wall Street”—a closer look at personal income and leading economic indicators reveals a different story.
With two COVID-19 vaccines approved in the U.S. and more fiscal stimulus about to be deployed, there is a clear bridge (vaccine) to post-COVID normalcy and abutments (stimulus) that should keep the recovery on course.