More of our insights
Amid recent market retreat, return expectations plunge.
Have bears taken over the market? This week’s chart looks at the roller-coaster ride for investor sentiment this year.
![](https://fsinvestments.com/wp-content/uploads/2023/03/COTW_2023-02-24_thumbnail-247px-1.jpg?w=250&h=150&crop=1)
The more things change, the more they remain the same during bear markets
New strategy note from Chief Market Strategist Troy Gayeski
![](https://fsinvestments.com/wp-content/uploads/2022/04/Screen-Shot-2022-04-25-at-4.26.39-PM.png?w=250&h=150&crop=1)
Rates are higher. And significantly more volatile.
As rates have risen, so has rate volatility. This week’s chart looks at the daily changes in the two-year Treasury yield over the past year.
![](https://fsinvestments.com/wp-content/uploads/2023/02/COTW_2023-02-24_thumbnail-247px.jpg?w=250&h=150&crop=1)
Fed funds rate shows no sign yet of retreating.
Could markets be due for more Fed-driven volatility ahead? This week’s chart looks at market-based Fed rate expectations, which continue to rise.
![](https://fsinvestments.com/wp-content/uploads/2023/02/COTW_2023-02-18_thumbnail-247px.jpg?w=250&h=150&crop=1)
International equities reassert themselves
The current rally looks very different from the last one. This week’s chart looks at the composition of returns in 2023 vs. 2021.
![](https://fsinvestments.com/wp-content/uploads/2023/02/COTW_2023-02-10_v1_insights-721px-1.jpg?w=250&h=150&crop=1)
Macro matters: The other big game
Super Bowl Sunday has arrived, but another matchup is playing out every day in financial markets: The battle between Team Soft Landing and Team Hard Landing. We look at how to navigate the coming year as these two teams battle for the economic cycle.
![](https://fsinvestments.com/wp-content/uploads/2023/02/Macro-matters_Super-bowl-img_2x_insights_1442x1004.jpg?w=250&h=150&crop=1)