Market Commentary
Timely takes on markets and the economy.
Market Commentary content
Market Commentary
The human toll is immense, but financial market reaction to the Russian invasion of Ukraine has been muted so far. Here's what we expect to see in coming days and weeks.
Bond Insights
Preferred securities’ higher yields may be appealing, but they almost always come with additional risks.
Market Commentary
The Fed is set to embark on another tightening cycle, and though history serves as a partial guide, there are new tools this time around and an undetermined rate-hike playbook.
Market Commentary
We believe that diversified investors don’t need to take action to protect their portfolios from events in Ukraine, which are unlikely to affect broader market and economic trends.
Market Commentary
A large home bias, even with international sales exposure, may not diversify investors across sectors, endangering financial goals when new economic cycles shift long term trends.
Market Commentary
The speculative exuberance around special purpose acquisition companies (SPACs) seems to be over, but investors still have questions about them.
Bond Insights
The Federal Reserve is expected to starting hiking short-term rates at its March meeting. But how fast will the pace be?
Market Commentary
The human costs of military action are unmeasurable. Yet, the stock market reaction to an incursion or invasion of Ukraine may echo those of the past with little measurable impact for diversified investors.
Market Commentary
Global benchmark yields are moving higher along with economic sentiment. We expect yields to remain positively correlated to market returns, favoring cyclical and value stocks.