Why Leveraged Loans Are Closing In on Junk Bonds
Growing in volume, these bank borrowings offer floating rates, a key advantage in the current rising-rate era.
Market Drilldown
Solid Fundamentals Key to Mexico’s Long-Term Economic Potential
A strong central bank, less oil dependence, and a more diversified economy should help overcome challenges like crime and poverty in the long run.
REITs, Unloved by the Stock Market, Suffer as Rates Rise
Investors, though, may be overlooking the tailwind that a strong economy driving rates higher gives them for the time being.
Maybe the Next Junk Bond Smash-Up Won’t Be That Bad
Expect pain, sure, but changed conditions might make it more bearable this time.
Why Commercial Real Estate Is Nearing Its Peak
Late in the property cycle, interest rates are climbing and the market in some sectors is saturated.
EM Sell Off Brings Economic Fundamentals to Forefront
Investors are rewarding EMs with strong economies and governments, while punishing others as strong dollar takes its toll.
Housing Is Anemic: The Pros and Cons
When the next recession arrives, at least real estate won’t be the culprit. But the industry lacks its old oomph to help with a recovery.
China’s Economic Woes Taking Big Toll on Emerging Markets
Commodity-exporting EM’s collateral damage of a Beijing-ordered slowdown and a US-China trade war.
Soaring Dollar-Denominated Debt
Central to Turkey’s Crisis
While Turkey’s Erdogan tries to blame US policy, the country’s troubles are more fundamental and gauging impact on other risk assets is key for investors.
As Capex Booms, Gauging Economic Impact Takes Center Stage
Whether corporate capex will result in strong GDP and productivity gains remains to be seen as the economy moves to an increasingly technological footing.
Risk Reduction Key to ESG Investing’s Appeal
Questions remain about the impact on performance, but risk reduction gains champions.
Quant Hedge Funds Trail Old-School Ones, But Reap All the New Money
The allure of computer-based investing is powerful, despite inferior returns.
Why Artificial Intelligence Won’t Pick Stocks … At Least Yet
AI is all the rage in financial services, but more to aid human managers than to replace them.
Inverted Yield Curve Warning:
Is It Different This Time?
Maybe Fed bond-buying, foreign safety seeking, and low rates have changed its accuracy as a recession signal.