Insights

Explore Insights

Fixed Income
June 7 2024
Monetary Policy .
Article

3 minute read

Is it the dots or the data?
June 12 2024

The Fed penciled in a cut this year even as it forecast higher inflation.

June 14 2024
International/Global .
Article

1 minute read

Surprise election result rattles India June 11 2024

Without a majority, Prime Minister Modi must assemble a coalition.

June 6 2024
Fixed Income .
Article

3 minute read

Location, location...diversification

June 6 2024

The impact of office CRE woes on most cities is mitigated by their diversification of revenue.

June 6 2024
Fixed Income .
Article

2 minute read

Summer notes before fall votes
June 6 2024

We expect a strong summer note season in the municipal markets ahead of the election. 

May 28 2024
Markets/Economy .
Article

4 minute read

Artificial intelligence and investing
June 5 2024

It’s all about the data.

May 15 2024
Markets/Economy .
Article

3 minute read

Why the Treasury wants its bonds back
May 16 2024

The U.S. Treasury’s plan to buy back some of its securities should have many benefits.

May 21 2024
Interest Rates .
Article

3 minute read

Stubborn inflation does not change the bond math
May 15 2024

Sticky inflation might slow the Fed, but not the timeliness of extending duration.

April 15 2024
Markets/Economy .
Article

3 minute read

The future looks bright
April 17 2024

General Electric's split sheds light on the potential for value creation. 

April 16 2024
Fixed Income .
Article

5 minute read

The last mile is the hardest
April 17 2024

Historically, the last leg toward a given inflation target has often been the most difficult.

March 22 2024
Markets/Economy .
Article

5 minute read

Contradiction
March 22 2024

Is the equity market rally inconsistent with Fed policy?

March 18 2024
Monetary Policy .
Article

2 minute read

The dots are the point
March 20 2024

The Fed's dot plot held the intrigue at the FOMC meeting.

March 15 2024
Fixed Income .
Video

2 minute watch

To worry or not to worry
March 15 2024

Investors should think constructively about the “Maturity Wall.”

March 27 2024
International/Global .
Article

2 minute read

Great Wall of worry
March 14 2024

China must address its faltering economy with much more fiscal stimulus.

March 7 2024
Fixed Income .
Video

1 minute watch

Bring the buyer back
March 7 2024

The expectation of rate cuts makes corporate bonds an attractive opportunity.

March 1 2024
Markets/Economy .
Article

7 minute read

Another day, another record high for stocks
March 1 2024

Magnificent Seven continue to outperform.

February 29 2024
Fixed Income .
Video

2 minute watch

Data dependent
February 29 2024

The Fed will look closely at inflation numbers before making any cuts.

February 23 2024
Fixed Income .
Video

1 minute watch

In the driver’s seat
February 23 2024

Income and duration lead total return potential.

February 5 2024
Fixed Income .
Article

3 minute read

What's going on with IG corporate bonds?
February 6 2024

New investment-grade corporate bond issuance is pouring into the market.

January 26 2024
2024 Outlook .
Podcast

35 minute listen

Progress over perfection


January 25 2024

2024 outlook: Part 1.

January 26 2024
2024 Outlook .
Podcast

27 minute listen

Surprises to come


January 25 2024

2024 outlook: Part 2.

January 23 2024
Fixed Income .
Video

2 minute watch

Enter here
January 23 2024

Widening spreads could provide a step back into high yield.

January 19 2024
2024 Outlook .
Video

60 minute watch

Get your popcorn ready


January 19 2024

The presidential election, geopolitical risks and Fed moves are things to watch in 2024.

January 19 2024
Fixed Income .
Article

5 minute read

Holding serve
January 19 2024

What we got right…and wrong…in a volatile year.

January 18 2024
Fixed Income .
Video

2 minute watch

Caution signs
January 19 2024

A weaker economy and earnings may impact the high-yield market.

January 11 2024
Fixed Income .
Video

1 minute watch

Defying expectations
January 11 2024

 The high-yield market saw a strong 2023.

December 19 2023
2024 Outlook .
Article

2 minute read

All about inflation
January 3 2024

Three things to watch in 2024.

December 21 2023
Fixed Income .
Video

2 minute watch

Hit the gas
December 21 2023

Despite the UAW strike, auto ABS remain strong.

December 14 2023
Monetary Policy .
Article

2 minute read

Meeting the markets halfway
December 13 2023

The Fed now projects rate cuts in 2024, just not as many as the markets have.

December 8 2023
Fixed Income .
Video

2 minute watch

Short and sweet
December 8 2023

 A decline in rates could boost the short end of the yield curve.

December 8 2023
2024 Outlook .
Article

3 minute read

Bonds are back in the black!
December 5 2023

Three things to watch in 2024.

December 1 2023
Markets/Economy .
Article

7 minute read

Stick a fork in it
December 1 2023

As the economy slows across the board, the Fed is done hiking rates.

December 1 2023
Fixed Income .
Video

2 minute watch

Credit crunch
December 1 2023

 Opportunities remain to invest in credit card ABS.

November 21 2023
Fixed Income .
Article

3 minute read

Don't call it a comeback...yet
November 21 2023

We believe next year could present compelling opportunities within high yield.

November 15 2023
Fixed Income .
Article

3 minute read

Manageable maturities
November 14 2023

Despite high rates, the large amount of maturing debt in the coming years is not a crisis.

November 2 2023
Monetary Policy .
Article

2 minute read

A focused Fed
November 1 2023

The Fed didn't hike. That doesn't mean it's done.

October 19 2023
Markets/Economy .
Article

3 minute read

A roof over its head
October 19 2023

After weathering the storm, the housing market is poised to boost growth despite Fed headwinds.

October 26 2023
Fixed Income .
Article

5 minute read

Better early than late
October 10 2023

Being defensive in credit may mean a little pain for a bigger potential gain. 

October 4 2023
Fixed Income .
Video

2 minute watch

Supply versus demand
October 4 2023

More housing should increase affordability.

September 28 2023
Fixed Income .
Article

3 minute read

This pain should pass
September 29 2023

Evidence suggests the move up in longer yields is nearing an end.

September 27 2023
Fixed Income .
Video

1 minute watch

Finding new value
September 27 2023

Mortgage-backed securities may become more attractive relative to credit.

September 22 2023
Fixed Income .
Video

3 minute watch

From buyer to seller
September 22 2023

As the Fed continues quantitative tightening, spreads widen.

September 20 2023
Monetary Policy .
Article

2 minute read

Proceeding carefully
September 20 2023

The Fed opts against raising rates, but doesn't rule out another hike this year.

August 24 2023
Fixed Income .
Article

2 minute read

Banks aren't totally out of the woods yet
August 24 2023

They've stabilized somewhat but still face pressures.

August 8 2023
International/Global .
Article

3 minute read

The case against China
August 8 2023

Rhetorically speaking, China may have long Covid.

August 3 2023
Fixed Income .
Article

3 minute read

Why the climb in long yields isn't likely to last
August 3 2023

Senior Portfolio Manager R.J. Gallo can think of seven reasons.

July 26 2023
Monetary Policy .
Article

2 minute read

Middle ground
July 26 2023

With the impact of its tightening still not apparent, the Fed opted for another modest rate hike. 

July 20 2023
Fixed Income .
Video

3 minute watch

The path to 2%
July 20 2023

High inflation hurts everyone.

July 14 2023
International/Global .
Article

4 minute read

If everyone is surprised is it really a surprise?
July 17 2023

Consensus has taken a beating but is still standing.

July 21 2023
Markets/Economy .
Article

3 minute read

Don't forget Mac and Mae
July 17 2023

MBS issued by U.S. housing agencies could have advantages for investors if the economy slows.

July 13 2023
Fixed Income .
Article

5 minute read

Time, we believe, is on our side
July 11 2023

Defensive positioning didn’t hurt the first half. In the second half, it may help.

July 11 2023
Inflation .
Video

2 minute watch

History as a guide
July 7 2023

A mild recession may be inevitable.

June 30 2023
Fixed Income .
Article

6 minute read

'You don't have to tell me 15 times'
June 30 2023

Don’t fight the Fed. Don’t fight the tape either.

DISCLOSURES

2286264188