Featured Insights
Recession Indicators Update
Soft Patch or Slowdown Leading to Recession?
While we could be in the late stages of the current bull market, we see stocks grinding higher in the coming months through increased volatility.
3Q 2019 Market & Strategy Update
Central Banks: At the Ready
The Fed and other central banks have started focusing on core inflation outcomes—a decisive policy shift which suggests that rates will be “low for longer” than previously expected.
Key Factors in Commercial Property Pricing
Commercial property prices are affected by many things. Some are obvious, like construction costs; others not so obvious, like the state of global trade.
Europe's new power elite
The European Parliament’s new appointments to top jobs will have important implications for the markets.
Yearning for Yield
Defensive equity income provides investors with an attractive source of dividends which play an increasingly integral role during low equity return environments.
Chart of the Week
Chart courtesy of Brandywine Global. Source: Bloomberg, as of 7/1/19. Past performance is no guarantee of future results. Indexes are unmanaged, and not available for direct investment. Index returns do not include fees or sales charges. This information is provided for illustrative purposes only and does not reflect the performance of an actual investment.
Lower rates, stronger dollar: Can it last?
Chart of the Week
Market Snapshot
China targets U.S. farmers
China’s latest tariffs focus on U.S. agricultural exports; financial markets are pricing in at least one Fed rate cut this year; U.S. consumers’ debt load reached $13.67 trillion, with student debt outstripping auto loans.
Featured Insights
Markets Now: Review and Outlook
Global equity markets rallied in June and most major equity regions fully recovered from May’s selloff.
The New Emerging Market Consumer
The evolution of consumer spending patterns in emerging markets is a fascinating aspect of the growth story and a compelling investment theme.
Mid Week Bond Update
Global Inflation: A Persistent Challenge
Do the world's major central banks have what it takes to move the needle on inflation?
Why Invest In Small-Caps Now?
Chuck Royce and Francis Gannon are optimistic for small-caps going forward despite negative market sentiment.
Around the Curve
Chart of the Moment: The Dollar
Is the dollar about to follow the script from 1998?
Around the Curve
Australia: A Structural Story
Despite prevailing pessimism, Australian structural realities support a more optimistic outlook.
Muni Update
Municipal Credit and Natural Disasters
As threatening as natural disasters can be, their impact on the municipal bond market remains fairly muted.
Focus on the Economy
Yield Curve Inversion: Are We There Yet?
Despite widespread worries about the yield curve, what we've seen recently is not a true inversion. But preventing that from occurring is one reason the Fed could move to lower rates later this year.
Mid Week Bond Update
U.S. growth: Lessons from Emerging Economies
Could there be useful lessons for the U.S. in how emerging nations deal with their own burgeoning indebtedness and trade imbalances?
Mid Week Bond Update
Inflation: Transitory doubts
As the Fed contemplates its next move, what are the issues behind the lagging pace of inflation?
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