Explore our thinking about today's financial markets
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U.S. recession outlook as China reopens
January 25, 2023 | Fixed income
We outline possible scenarios for inflation and recession in the year ahead and how global forces play roles.
Capital Markets Outlook

Slow your (pay)roll
January 12, 2023 | Capital Markets Outlook
We believe markets expect inflation to decline sooner than it will, and that there is limited upside for stocks.
Fixed Income Outlook

As inflation takes root, fixed income opportunities change
November 4, 2022 | Fixed Income Outlook
Fixed income markets experienced widespread declines in the U.S. and globally in the third quarter of 2022, as inflation remained high and became more broad-based.
Equity Insights

The year ahead: Bad news and better markets
January 27, 2023 | Equity Insights
In our view, the biggest surprise in 2023 will be that, despite bad news, the market will finish higher.

Slowing economic growth and fixed income performance
As a follow up to the piece we published in July that focused on decelerating economic growth and equity returns, we thought it made sense to look at how some fixed income sectors fared during the same periods. We researched this concept to better understand the historical relationship between an economic slowdown, credit spreads, and total returns.

U.S.–China war of words playbook
The politics of the U.S.–China relationship have clearly become more complicated recently. The war of words over China’s handling of the coronavirus outbreak and the proposed new Hong Kong security law has the potential to create headwinds for the global economy and financial markets.
The views and opinions expressed are those of the speaker, are subject to change with market conditions, and are not meant as investment advice.