For the second time in only a few months, a major voting decision has delivered an unexpected result. The victory of Donald Trump in the U.S. presidential election was largely unexpected and, following the old adage that “markets don’t like uncertainty,” may cause a global spike in volatility.

Investment grade bonds versus high yield bonds and senior secured loans

Correlation between stock returns and bond yields has declined considerably. See what this could mean for forward-looking returns.

Bond returns soar as income falls in this week’s chart. See where this good news/bad news scenario leaves income-oriented investors.

See why investors seeking stable income may need to look outside of traditional fixed income markets to find it in today’s environment.

Cash was an attractive, safe asset last year amid elevated rates. This week’s chart looks at why the tide may be changing.

A new strategy note from Chief Market Strategist Troy Gayeski

With traditional measures of equity valuations near historic highs, we introduce free cash flow as an alternative basis for valuation.

The Investment Research team shares their view on today’s commercial real estate landscape.

We identify the five key challenges facing investors in 2024—and the five opportunities that may provide income, growth and diversification.