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Middle market at the center of U.S. job growth

With employment data in focus, the middle market has shined, outpacing job growth in small and large-cap firms by more than double.

New rate regime, same rate volatility?

Fed rate cuts have not appeared to end rate volatility. Treasury yields retraced their decline as markets digested a still data-dependent Fed.

Credit quality comes into focus amid heightened volatility

High yield bonds have outperformed senior secured loans in recent months, given their more attractive duration profile and higher credit quality.

Recent market volatility just the beginning?

Volatility spiked this week as macro questions came to the fore. If history is any guide, volatility could remain elevated as the election heats up.

Alternative lenders fill a growing CRE lending void

As CRE deal volume shows signs of thawing, alternative lenders sit in an excellent position to capture attractive income opportunities.

U.S. middle market: At the sweet spot of private equity

Private equity fundraising has far outpaced transaction volume among large-cap sponsors, while the middle market has been more closely aligned to the opportunity set, leading to more attractive valuations.

Election anxiety comes into focus for markets

This week’s chart highlights perceived market drivers over the next 30 days. Notably, the downside drivers outweigh the upside.

A challenged 60/40 highlights the need for alts

The 60/40 may have thrived in the past, but today, alternative investments appear better-positioned across these four key metrics.

Cash left behind amid rapid market rotation?

Money market fund AUM is rising, even as yields decline, setting up an environment where investors could be subject to significant opportunity cost.

U.S. middle market optimism outshines the world

This week’s chart examines the case for U.S. middle market firms, which expect a notably brighter future than their international peers.
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