A potentially dangerous curve

If the yield curve inverts, will a recession follow? Not necessarily, given how far from normal the current expansion and Fed rate hike cycle are. We believe investors should instead watch out for volatility sparked by recession fears and prepare for especially challenged traditional income sources.
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Finding opportunities beyond core fixed income

The low-yield environment may limit the return potential of traditional fixed income portfolios, while downside risks could be substantial should interest rates rise. However, there is a broad $6.5 trillion opportunity beyond core fixed income that may generate an attractive level of income and help manage interest rate risk and portfolio volatility.
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Why rising rates may not lift your income

Traditional fixed income investors may feel they’ve been lost in a low-yield wasteland. But with improved global growth and the expected Fed rate hike trajectory, some may assume the struggle for income is coming to an end. Read this article from Chief Investment Officer Mike Kelly, which simplifies the complicated connection between interest rate hikes and current income.
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Embracing energy market volatility

Energy investing means expecting – and even exploiting – volatility. Knowing how to take advantage of opportunities across energy market cycles can help investors meet their long-term goals. CIO Mike Kelly explains how to make the most of volatility.
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Week in review

Relatively steady | Ongoing demand | Yield declines | Chart of the week: Yield curve flattens
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Week in review

Strong start | Treasury crosscurrents | Growth constraints | Chart of the week: Loans offer relative value
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Week in review

Rate reset | OPEC and its allies | In the long run | Chart of the week: Still low for the long run
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Week in review

Reflation trade | Output cut | Continued progress | Chart of the week: Rising rates and returns
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Week in review

Diverging performance | November surprise | Inflation ahead? | Chart of the week: Shifting expectations
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Left behind

Today technology allows companies to do more with less. However, the extraordinary rate of change can expose a gap between those that seize new opportunities and industries grappling to keep pace.
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Income IS the outcome

We’re expected to live much longer than our parents and grandparents. That’s great news. Yet, it begs the question, how do we pay for it?
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