Lower interest rates provided a tailwind for commercial real estate markets in Q3, and particularly for CRE debt markets. CRE price growth has slowed in 2019, though fundamentals across the sector remain healthy.
A sharp global economic slowdown, heightened trade uncertainty, plunging interest rates and wilting business sentiment. These and other factors complicate the investment landscape in Q4 and beyond. Chief U.S. Economist Lara Rhame provides a survival guide to investing through volatility.
Despite slowing, the fundamental backdrop underlying the corporate credit market remains supportive heading into year end. In this report, Robert Hoffman outlines his expectations for positive, primarily income-driven returns for HY bonds and senior secured loans this year.
Solid fundamentals supporting the CRE market are driving price growth – but at a slower pace than in years past. Our Investment Research team explains why and explores other important trends in the CRE market, including the potential impact of mounting economic uncertainty.
Corporate credit markets delivered solid returns until equities sunk and the yield curve inverted in May. Now they appear poised to provide positive returns through year-end. Our Investment Research team explores what’s behind this reversal and where risks lie over the second half of the year.
The unknowns facing our economy today, coupled with a tight labor market and deteriorating business sentiment, are slowing economic growth and may amplify market volatility. Read Chief U.S. Economist Lara Rhame’s assessment of uncertainty’s impact on consumers and investors in the months ahead.