Commentary

As Retirement Income Needs Grow, DC Plan Sponsors Weigh Solutions

As more plan participants worry about retirement income security, demand for guaranteed income solutions is growing—and plan sponsors are pondering the options.

Commentary

Can Mario Draghi Recharge Italy’s Economy?

Italy’s new prime minister, Mario Draghi, has a well-earned reputation for turning around difficult situations. But can he reverse Italy’s relative economic decline? And what does his program mean for Italian bond yields?

Commentary

Five Things Investors Should Know About Hydrogen

Hydrogen’s potential as an energy source is attracting renewed attention. It may take 20 years or so for the potential to be realized. But the effects are likely to be felt within the planning horizons of most long-term investors—a good reason to start thinking now about the investment implications.

Commentary

Will the Energy Sector Evolve or Devolve?

The energy sector is beginning to adapt to the realities of climate change. Who is best positioned for the future?

Commentary

Muni Credit Plays Defense When Rates Rise

As COVID-19 vaccines roll out and resrictions lift, a US economic rebound could lead to tighter Federal Reserve policy and higher yields. Municipal bond investors may worry about how rising yields could hurt their portfolios.

Commentary

Four Things Investors Should Know About US Inflation in 2021

We expect US core inflation to surge in the months ahead, as comparisons to low price levels of a year ago cause sizable fluctuations. Ultimately, supply should respond to recovering demand, bringing inflation down and facilitating easy Fed policy.

Commentary

The Green Transition: Implications of the European Recovery Plan

Despite questions over financing the European Union’s (EU’s) new Green Deal, the green transition is now under way.

Commentary

Cold Cash? How to Redeploy in Hot Markets

Investors have parked record piles of cash on the sidelines amid concerns about valuations and volatility. But short-term safety comes at a price. By defining long-term goals, investors can put idle cash to work despite uncertainty about the path to recovery.

Commentary

Will High-Dividend Payers Make a Comeback in 2021?

Having strongly underperformed the wider stock market in 2020, high-dividend stocks have shown early signs of a rebound in recent weeks.

Commentary

The Future of Bond Trading—and Why It Matters

The pandemic has accelerated an evolution in bond trading, and it is already making a difference for investors—if bond managers have embraced tech-enabled trading.

Commentary

GameStop Frenzy Reinforces Need for Quality in US Stocks

The GameStop drama that has rattled US stocks reflects the growing power of individual investors to shape market events. But there are lessons for traditional, long-term investors, too. When markets ignore fundamentals, redoubling a focus on quality is the best way to produce consistent returns while reducing volatility.

Commentary

Better Stimulus Odds Are Shot in the Arm for US Growth Expectations

The probability of more fiscal relief from Congress has risen—good news for the US economy and a boost to our growth forecast. While risks remain, and it’s too early to talk about the pandemic in the past tense, we’re optimistic the economy can return to more normal footing soon.

Commentary

How to Choose a Sustainable Equity Portfolio

As inflows to sustainable equities break new records, here’s what investors should look for to identify portfolios that align with their responsible investing goals.

Commentary

How Shopping—and Investing—Might Be Enabling Modern Slavery

It may seem shocking, but a simple trip to the local store to pick up fresh produce or clothing could enable human exploitation. For investors, those same connections can exist within their portfolios—and it takes more than a passive effort to root them out.

Commentary

China’s Uneven Equity Rally Opens New Roads to Recovery

As China begins the year of the Ox, many investors are wondering whether another bull run is possible in 2021. Given that last year’s rally was extremely narrow, we believe many parts of the market still offer pent-up recovery potential.