Market Commentary
Timely takes on markets and the economy.

Market Commentary content

Market Commentary
Japanese stocks may help boost performance of international markets although the unique nature of Japan's economic and business structure could pose some risks.

Market Outlook
The positives—and the risks—as we head into the second half of the year.

Market Outlook
A broadening out in market performance would help bolster a more sustainable stock rally, but that hinges on increasing clarity for monetary policy, recession risk, and bank stress.

Market Outlook
The drama characterizing the first half of 2023 may abate, with potentially milder returns for investors due to effects from the Cardboard Box Recession.

Washington Watch
The measure ends weeks of negotiation and unease about a potentially catastrophic government default.

Market Commentary
Although few nations have a debt ceiling similar to the U.S.', rising government debt levels are a widespread global risk that may lead to lower economic output and weaker growth.

Bond Insights
Banks and financial institutions are big issuers of preferred securities, so the recent banking industry volatility has had an impact. Our guidance on preferreds is unchanged, but with some caveats.

Market Commentary
Analysis shows an extraordinary range of outcomes since the S&P 500's inception in 1928.

Market Commentary
As the credit market grows more stringent, investors should consider high-quality, longer-term bonds. Here are some fixed income strategies.