A potentially dangerous curve
If the yield curve inverts, will a recession follow? Not necessarily, given how far from normal the current expansion and Fed rate hike cycle are. We believe investors should instead watch out for volatility sparked by recession fears and prepare for especially challenged traditional income sources.
Beyond the core: Reassessing fixed income portfolios amid rising interest rates
Recent data paints a bleak outlook for “core” fixed income. But there’s a broad opportunity beyond it that may help investors generate an attractive level of income and higher total returns while managing interest rate risk.
Investing in alternatives for a well-diversified portfolio
Volatility roared back in the first half of 2018, offering a powerful reminder of the impact that swings in the market can have on investors’ portfolios. Building a well-diversified portfolio can help investors navigate volatility to avoid extreme losses.
Why rising rates may not lift your income
Traditional fixed income investors may feel they’ve been lost in a low-yield wasteland. But with improved global growth and the expected Fed rate hike trajectory, some may assume the struggle for income is coming to an end.
Strong economic growth but rising risks in 2018
Sustained above-trend growth raises the risk of meaningfully higher volatility, something which has already caught investors by surprise in 2018. What factors are causing positive momentum and are they set to continue?
All smoke, no fire: What’s behind recent equity market valuations?
Few explanations for the upward march of equity valuations are based on resoundingly positive or long-term economic changes. We take a closer look at how these high valuations could be closely tied to the multi-year surge in liquidity.