Market Commentary
Timely takes on markets and the economy.
Market Commentary content
Market Commentary
Sentiment has been a problem; higher yields was the catalyst for a bit of a reset.
Bond Insights
Although they may be attractive for certain investors, high-yield municipal bond yields are low and risks are elevated.
Bond Insights
With interest rates rising, “zombie companies” may have to refinance debt at higher rates.
Market Commentary
Should interest rates continue to climb at a more moderate pace, EM stocks may rebound and rise alongside bond yields, as they have done historically.
Bond Insights
The spike in U.S. Treasury bond yields sent ripples throughout global markets.
Market Commentary
Looking at the latest economic data reveals V-shaped recoveries in many goods-based indicators; while services has more catch-up to do.
Market Commentary
China’s growth for 2021 appears strong, but February holds key developments that could impact this outlook, including stock delistings, trade, and COVID-19.
Bond Insights
Although a modest rise in inflation may lift longer-term bond yields, investors can take steps to navigate the changes.
Market Commentary
As quickly as it soared to the moon, GameStop came back down to earth; but the lessons learned are key to turning day trading speculators into longer-term investors.