Insights

Market Commentary & Outlook

October 2, 2019•2 min read

Friday Fact: Federal Deficit on Track to Pass $1 Trillion in FY 2019

The federal deficit hit $779 billion in fiscal year 2018. This was the highest level since the $1.09 trillion deficit[…]

Market Commentary & Outlook

October 2, 2019•3 min read

Political Games in the EU: Playing Chicken

Fans of the “Fast & Furious” movies know the game of chicken. Two cars race toward each other, each driver[…]

Market Commentary & Outlook

January 11, 2019•3 min read

Don’t Give Up on Bank Stocks Just Yet

US bank shares are in a bear market. The KBW Bank Index fell 20% in 2018. That’s much worse than[…]

Global Equity Opportunities

Alpha Engine Perspectives

January 7, 2019•2 min read

Let’s Get Technical: The Story Behind the Loan Market Swoon

Wary investor sentiment, seasonal trading activity in loans, and a big institutional seller have combined to drive down loan prices[…]

Full Discretion

Alpha Engine Perspectives

February 16, 2018•3 min read

China’s Bond Markets – Two Reasons Why the Year of the Dog Might Have Some Bite

The Year of the Dog may not be known for being the most auspicious, but for China’s local, renminbi-denominated bond[…]

Global Fixed Income

Alpha Engine Perspectives

May 12, 2017•3 min read

European Banks: Be Mindful of Risks in 2017

European banks seem to be on an upward trajectory – although improvements are likely to come at a slow pace[…]

Global Equity Opportunities

Market Commentary & Outlook

May 11, 2017•2 min read

Italy Rejects Constitutional Reform Referendum

Italy rejected Prime Minister Matteo Renzi's constitutional reform in Sunday’s referendum, as polls had predicted.