Market Commentary

Timely takes on markets and the economy.

Market Commentary content

Market Commentary

Politics may have little impact on economic globalization or corporate profits—which gives little reason for investors to deglobalize their portfolios despite the headlines.
Market Commentary

Stocks have enjoyed a relief rally of late, but conviction is lacking as the rebound has disproportionately favored low-quality segments of the market.
Market Commentary

The geopolitical impact on earnings, the most important driver of stock prices, has remained modest so far; global companies appear to be on a path for earnings growth in 2022.
Bond Insights

Prices have fallen sharply, creating an opportunity for income-oriented investors who can ride out the volatility. Investors should understand the risks, however.
Market Commentary

There are multiple ways to access the market.
Bond Insights

Unfunded pension liabilities for state and local governments are in their best condition in nearly a decade, supporting the case that credit quality in the municipal bond market has improved.
Market Commentary

Even if a recession is not imminent, the playbook deserves a dusting off as rising inflation, tighter monetary policy, and the war in Ukraine all crimp economic growth prospects.
Market Commentary

What to consider when prices are dropping fast.
Market Commentary

Bear markets occur with some regularity. Is your portfolio ready?

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