2 minute read
The Fed now projects rate cuts in 2024, just not as many as the markets have.
3 minute read
Three things to watch in 2024.
7 minute read
As the economy slows across the board, the Fed is done hiking rates.
We believe next year could present compelling opportunities within high yield.
5 minute read
Being defensive in credit may mean a little pain for a bigger potential gain.
Evidence suggests the move up in longer yields is nearing an end.
The Fed opts against raising rates, but doesn't rule out another hike this year.
They've stabilized somewhat but still face pressures.
Rhetorically speaking, China may have long Covid.
Senior Portfolio Manager R.J. Gallo can think of seven reasons.
With the impact of its tightening still not apparent, the Fed opted for another modest rate hike.
4 minute read
Consensus has taken a beating but is still standing.
MBS issued by U.S. housing agencies could have advantages for investors if the economy slows.
Defensive positioning didn’t hurt the first half. In the second half, it may help.
6 minute read
Don’t fight the Fed. Don’t fight the tape either.
The Fed skipped a rate hike but suggested more could come.
Our southern neighbor is firing on all cylinders.
And the case for bond returns is getting stronger.
Opportunities as varied as countries that fall under the emerging markets umbrella.
43 minute listen
Stubborn inflation, strong consumption data and a robust labor market are clouding the economy’s path.
Volatile markets can offer opportunities.
Fed Chair Powell made the case for another quarter-point hike amid the banking turmoil.
But banking issues brought to the fore this week are discomforting.