Why we still prefer stocks over bonds
·We recently cut risk, but stick with stocks over bonds for now. Equity prices now reflect much of the worsening… »
·We recently cut risk, but stick with stocks over bonds for now. Equity prices now reflect much of the worsening… »
The surge in Euro area inflation—with headline expected to reach 9% in September—has raised the prospect of second-round effects, where… »
We like emerging market (EM) local debt within an overall bond underweight. Much monetary tightening has been done, and valuations… »
Alas, it is settled. Inflation is not transitory. Its persistent uptick has serious implications for the global economy. The ongoing… »
The current economic climate is a concern for investors. Trade-restructuring, high levels of liquidity, systemically-low inflation, inverted yield curves, negative-yielding… »