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.

With cash yielding 5%, the allure of asymmetric returns has become even more compelling. We explain why, in today’s high-risk-free-rate environment, the value proposition of alternative investments is stronger than ever.

Return to office and its impact on commercial real estate investors.

A new strategy note from Chief Market Strategist Troy Gayeski

This week’s chart looks at heightened volatility that often follows periods of sustained market momentum.

Members of the Investment Research team gather to discuss the state of the housing market.