Beyond Bulls & Bears

In the Know: March FOMC Meeting and Interest Rate Moves

In the Know: March FOMC Meeting and Interest Rate Moves

I think the big takeaway of the March Fed meeting from the markets’ perspective is that the Fed’s statements were interpreted to mean there would be a very slow pace of interest rate increases when they do occur.

Rethinking Core Fixed Income

Rethinking Core Fixed Income

In our view, the United States has likely passed the inflection point in interest rates and may be in the early stages of the normalization period in monetary policy.

An Unconstrained View of Corporate Credit Amid the Rate Debate

An Unconstrained View of Corporate Credit Amid the Rate Debate

In general, free cash flow for a lot of companies remains fairly robust and that helps to support the corporate credit outlook at least over the balance of the year, in our view.

Fixed Income Outlook: Moving From Zero

Fixed Income Outlook: Moving From Zero

Our view is that if you think about fairly strong US economic growth in the neighborhood of 3%, combined with a gradual continued improvement in the employment figures, the expectation for inflation to stay at current levels may be somewhat optimistic, at least given historical context.

Strategies for Income-Seeking Investors

Strategies for Income-Seeking Investors

We continue to be optimistic that the US economy will continue to experience modest growth and improvement, specifically in employment. Ultimately, that improvement should go hand-in-hand with a gradual normalization in interest rates.

Hasenstab: Fed Tapering Was Inevitable

Hasenstab: Fed Tapering Was Inevitable

“Great Rotation?” How About “Selective Rotation?”

“Great Rotation?” How About “Selective Rotation?”

Seeking a Fixed Income Fix

Seeking a Fixed Income Fix