NOVEMBER: Oil prices plummet while energy assets fall more modestly. Midstream company results continue to belie market performance.
Changing economic and market conditions this year and the threat of renewed volatility are impacting both investor sentiment and allocations to alternative sources of return.
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.