Sector Views    |   November 24, 2021    |   High-Yield and Bank Loan Outlook

Are High-Yield Markets Misjudging Evergrande Risk?

High-yield investors should be weighing the risks of contagion more carefully.


Macroeconomic Research    |   November 01, 2021   

Yield Curve Flattening Carries a Warning About Looming Rate Hike Cycle

The long end of the yield curve has inverted for the first time since 2009.


Global CIO Outlook    |   July 30, 2021   

Things Couldn’t Be Better

The COVID Delta Variant’s Looming Threat to Risk Assets.


Global CIO Outlook    |   July 26, 2021   

A Better Way to Pay for Infrastructure Investments

A revival of the Obama-era Build America Bonds would raise funds with less taxes.


VIDEO

The Long Road to Recovery

The Long Road to Recovery

Scott Minerd, Chairman of Investments and Global CIO, discussed his outlook for markets and the economy with CNBC’s Brian Sullivan during the Milken Institute 2020 Global Conference.

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Midyear 2021 Outlook

Midyear 2021 Outlook

Brian Smedley, Chief Economist and Head of Macroeconomic and Investment Research, and Portfolio Manager Adam Bloch provide our macro and markets outlook.

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Weak Data and Fiscal Uncertainty Will Delay Fed Tapering - Image Thumbnail
September 15, 2021

Weak Data and Fiscal Uncertainty Will Delay Fed Tapering

Bond yields could fall further as rising fiscal risks get priced in.

Delta Impact on Consumer Behavior Will Delay Tapering Announcement - Image Thumbnail
August 18, 2021

Delta Impact on Consumer Behavior Will Delay Tapering Announcement

The resurgent virus should keep a lid on Treasury Yields.



Portfolio Strategy    |   December 12, 2019   

The Transition Away from Libor

Much Progress, More Wood to Chop


Portfolio Strategy    |   November 08, 2019   

The Science and Art of Risk Management: Liquidity Risk

Good risk management leads to good decision making.


Portfolio Strategy    |   May 01, 2019   

Understanding Collateralized Loan Obligations (CLOs)

Explaining the structure and investor-friendly features of collateralized loan obligations (CLOs), an often misunderstood sector of structured credit.