In this report, we break down today’s payroll data, recent market performance and what investors need to prepare for next.
Despite millions of job losses and an unprecedented drop in economic activity, April was the best month for the S&P 500 since 1987. This sharp market recovery in the face of economic weakness is top of mind.
In this report, we break down today’s payroll data, recent market performance and what investors need to prepare for next.
Ask an investor how they’re feeling and they’re likely to echo the wary positivity of Larry David’s famous line on “Curb Your Enthusiasm”—“prett-ay, prett-ay, prett-ay good.”
Private debt has grown from niche asset class to a heavyweight due to multiple structural shifts in capital markets—and its growth has shifted the opportunity set for both investors and borrowers.
There are periods when knowing many things and skillfully implementing them is the main source of alpha, but that hasn’t been the case since the financial crisis.