Macroeconomic Research    |   September 15, 2021   

Weak Data and Fiscal Uncertainty Will Delay Fed Tapering

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


Sector Views    |   August 31, 2021    |   High-Yield and Bank Loan Outlook

Looking at Yields in High-Yield Credit

A properly diversified credit portfolio should have exposure to both high-yield corporate bonds and bank loans.


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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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.

Latest CPI Validates the Transitory Nature of Inflation Spikes - Image Thumbnail
August 11, 2021

Latest CPI Validates the Transitory Nature of Inflation Spikes

Falling demand will help limit the extent of more price increases.



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    |   November 04, 2019   

The Risk Mitigation Advantage in Active Fixed-Income Management

Why active has the potential to outperform passive in fixed income.