Chart of the Week
U.S. Economy: Fiscal Therapy
The chart shows the total federal debt held by the public as a percentage of GDP and the annual federal budget deficit as a percentage of GDP from 1940 to 2020 (estimated).
Mid Week Bond Update
Italy and COVID-19: Impact and response
Will Italy’s dramatic social and policy responses to the pandemic be enough to turn the tide?
* Morningstar Award 2020©. Copyright 2020 Morningstar, Inc. All rights reserved. Awarded to Legg Mason Western Asset Asian Opportunities Fund (Class A USD Acc) for Category Winner, Best Asia Bond Fund, Hong Kong.