Market Commentary

Timely takes on markets and the economy.

Market Commentary content

Market Commentary

We believe the odds of a recession in Europe are above average, but still below 50%. We will be watching developments and data closely to see how the economic outlook evolves.
Market Commentary

After months of laying the groundwork for monetary policy tightening, the Federal Reserve now faces a sudden change in the economic outlook.
Market Commentary

Global leaders backed a new round of sanctions on Russia, but it is unclear at this time if these additional measures will be successful at avoiding an energy shock.
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

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

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

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.

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