Insights

Another regional bank falls, but the markets are seeing the forest from the trees as challenges appear contained.

Moving away from an abnormal regime of crisis-era stimulus won’t be a smooth process. But the volatility should be easier to stomach knowing that the destination is likely to be a healthier, more balanced economy.

Strains in parts of the financial system have prompted the Federal Reserve to trim back tightening plans. Though a somewhat darker economic outlook could drive credit spreads wider, we believe a potential downturn is likely to be mild.

Banks and borrowers must now deal with tighter credit conditions, bringing a quicker end to rate hikes but also more economic risks.

Soaring mortgage rates have massively reduced prepayment risk, creating one of the most compelling entry points for GNMA bonds in more than 20 years.

For all the gloomy talk about the economy in 2023, stabilizing interest rates could be a bright spot for investors. But with imbalances lurking in the shadows, 2023 could be the year for higher-quality bonds, select large- and small-cap stocks, and private-market investments.

Eyes remain firmly on the Federal Reserve, which has engineered a landscape of materially higher real and nominal rates.

Learn the difference between divesting “bad ESG” companies vs. including and engaging companies to find those likely to be voted “Most Improved in ESG."

How are E, S and G evolving? takes a look at critical changes in how investors assess each component of environment, social and governance factors.

Growth in the U.S and globally is expected to cool from 1H21's torrid pace, but fundamentals remain positive