House Republicans and Senate Democrats emerged from the November 2022 elections with very slim majorities, posing meaningful challenges over the next two years. The early intra-party tussle...

Risk assets recovered from Omicron fears and Fed pivot away from accommodative policy to close the year near record high price levels. The Federal Reserve continues along its path away from...

The Fed has clearly pivoted hawkish coming into 2022. Fed fund futures are now pricing in nearly five rate hikes compared to just one hike priced in at the end of 3Q21.

Risk assets pushed to new highs as economic growth accelerated and earnings expectations rose. Most pandemic restrictions have been lifted leading to a broad, fast-paced reopening straining portions of the economy.

The dot plot for the June FOMC meeting was unexpectedly hawkish as Fed officials, at the median, forecasted two rate hikes by the end of 2023. This was in contrast to the prior March reading that anticipated...

The January Georgia runoff election gave the Democratic Party a one-vote advantage in the Senate and the Biden Administration wasted no time pushing through a new round of massive fiscal spending.

Risk assets rallied to new highs as 2020 came to a close. Expectations of further fiscal stimulus and optimism that vaccines will curb the economic impact of the pandemic buoyed market sentiment.

1-5 year corporate credit is on track to achieve a consecutive year of strong total return. Based on the Bloomberg Barclays Investment Grade 1-5 Year U.S. Corporate Bond Index as of October 31, 2020...

Fixed income markets largely treaded water over the quarter as states reopened and isolated surges were watched with trepidation while equity markets pushed ever higher as economic data demonstrated the resilience of the domestic economy.

A central tenant in fixed income investing is risk minimization; therefore, an analysis of ESG issues is paramount to fully embracing the practice of prudence

Markets continued to rally over the quarter as expansive monetary policy and fiscal stimulus offset the economic distress brought on by coronavirus

Following the June FOMC meeting, the Fed released its first summary of economic projections (“SEP”) incorporating impacts from the Covid-19 pandemic.

Price action in investment grade corporate credit during the month of March was historic.

Relative to Covid-19, a possible Middle East conflict with Iran at the beginning of the year was met with little...

The coronavirus outbreak in China shook markets mid-January. Markets entered 2020 on an optimistic note following the Phase 1 trade...

Trade news primarily drove market sentiment as 2019 came to a close. Progress towards a “Phase 1” trade agreement with...

The aggregate U.S. corporate index had a historic year in 2019 achieving 14.3% in total return which was only bested...

This comes after a year of extremely negative returns of -4.45% compared to -2.81% for index eligible industrials with spread...

The U.S. and China continued to make progress towards a “Phase 1” trade agreement. Most developed economy central banks, including...

While prospective data for manufacturing activity appear to have bottomed out in August and September according to readings from purchasing...

The rate on overnight repo surged on Monday, 9/16 and remained elevated through the week causing the federal funds rate...

Weakening sentiment as evidenced by global central banks’ dovish and the recent inversion in the 2s10s curve is likely to...

Due largely to recent LIBOR manipulation scandals, regulators in the US are set to phase LIBOR out by the end...

Unlike senior unsecured corporate bonds, ABS transactions are structured so senior tranches are able to maintain AAA ratings even if...

The Fed’s positioning still leaves room for a pivot back to hawkish, but the window may have already closed for...

Sentiment for risks assets has vastly improved as fear of a recession induced by monetary policy missteps eased considerably with...

More recently, statements from Fed officials and minutes from the December FOMC meeting have firmly anchored dovish expectations at least...

The persistent lingering of geopolitical issues that have seemingly reached maximum escalation only find new ways to further intensify driving...

Year-to-date, lower quality issuers have driven outperformance in the sector with excess returns of +2.6% for Single-B and +4.3% for...

This increase not only includes technology firms whose values comprise the application of algorithms, but also firms that have paid...

Many will read the title above and feel the way some do when talking with a mechanic about what might...

Why would someone choose to pay an explicit fee to a Registered Investment Advisor (RIA) when they could simply use...

As the credit crunch rippled into nearly every instrument in the debt market, investors wondered how purportedly “safe” securities (so...

In February 2005, PriceWaterhouseCoopers announced that they would no longer qualify auction rate securities as cash equivalents on the balance...

Few people do without automobile insurance even though annual policy premiums can easily run into the thousands of dollars....

In today’s capital markets, investors with large portfolios always seek opportunities to maximize liquidity and return while preserving principal value...

Organizations frequently explore the question of how to maximize the return on their investment portfolio by debating the benefits or...