Investment Strategy
Following up on our 10 Themes for 2023
MARKETS & INVESTING January 20, 2023 Review the latest Weekly Headings by CIO Larry Adam. Key Takeaways Three consecutive years of P/E contraction is unusual The multiple & earnings don’t bottom in tandem Final Fed rate hike supportive of multiple expansion Last week, we released the rationale behind our Ten Themes for 2023 via […]
Investing with a flat yield curve
MARKETS & INVESTING January 23, 2023 Drew O’Neil discusses fixed income market conditions and offers insight for bond investors. A “normal” yield curve is positively sloped, meaning that yields get progressively higher as maturities increase. This provides investors an incentive to extend out into longer maturities by offering higher yields the further one moves […]
New year opens window of opportunity for bond investors
MARKETS & INVESTING January 19, 2023 Investors may be able to lock in higher yield levels notes Doug Drabik, Managing Director, Fixed Income Research and Nick Goetze, Managing Director, Fixed Income Solutions. To read the full article, see the Investment Strategy Quarterly publication linked below. Key takeaways: Income and cash flow investors are presented […]
The Fed is still in charge – fixed income rates are still high
MARKETS & INVESTING January 17, 2023 Doug Drabik discusses fixed income market conditions and offers insight for bond investors. Everyone loves a story. Let’s face it. With an overload of media outlets competing for an audience, nearly every angle from each economic event is covered by someone. Every plausible, and sometimes improbable viewpoint is […]