FS credit market commentary

NOVEMBER: Despite positive equity returns for the month, fixed income markets signaled a risk-off view as credit markets declined and the 10-year Treasury rate fell.
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FS energy market commentary

NOVEMBER: Oil prices plummet while energy assets fall more modestly. Midstream company results continue to belie market performance.
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FS energy market commentary

OCTOBER: Each energy sector sold off with the rest of the market in October. Crude oil prices saw their largest monthly decline since 2015, but are still up $5/bbl since the end of 2017. While October saw a reversal of some positive market trends, we believe long-term midstream fundamentals remain supportive.
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