Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners. We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, wealth managers, and high-net-worth investors.

Guggenheim Investments
Commentary

The Faustian Bargain

The consequences of policymakers returning to the same tools employed in the financial crisis.

Commentary

The Impact of ETFs and Index-Tracking and Passive Strategies on the Fixed-Income Market

There are three key areas where the allocation requirements of passive fixed-income vehicles have an impact on the market.

Commentary

The Great Leverage Unwind

We entered into the current crisis with a whole financial system that had been incentivized by policymakers to take on excessive levels of debt and leverage. The turmoil we are seeing right now is the result of the unwinding of this leverage.

Commentary

Value Is a Poor Timing Tool

Markets often overshoot, and just because things are cheap doesn’t mean they can’t get cheaper.

Commentary

Necessary But Not Adequate

Without the right programs, this shortfall in credit availability will increase and it will further deepen the crisis.

Commentary

Shock and Awe Falls Short

The Fed still has a number of tools at its disposal that haven’t yet been implemented.

Commentary

Note to Clients: Meeting An Historic Challenge

In this remarkable period in our history, we must renew our resolve to the commitment to always do that which is true and noble for all. Together, we can meet this historic challenge.

Commentary

The Butterfly Effect

If I had written a commentary on how 4,000 people dying from the flu would topple global financial markets, I think I would have been deemed insane. Yet today that is exactly the story.

Commentary

Peace for Our Time

The cognitive dissonance in the credit market is stunning. I recently have had the feeling that I’m living peaceably in Britain during the 1930s while on the continent the Germans were building weapons, expanding their army and navy, and opportunistically grabbing land.

Commentary

10 Macro Themes to Watch in 2020

Ten charts illustrate the macroeconomic trends most likely to shape Fed policy and investment performance in 2020 and beyond.

Commentary

Global Central Banks Fueling a Ponzi Market

Ultimately, investors will awaken to the rising tide of defaults and downgrades.

Commentary

The Risk Mitigation Advantage in Active Fixed-Income Management

Why active has the potential to outperform passive in fixed income.

White Paper

Forecasting the Next Recession: Will Rate Cuts Be Enough?

History shows that once our recession forecast model reaches current levels, aggressive policy can delay recession, but not avoid it.

Commentary

Forecasting the Next Recession: Will Rate Cuts Be Enough?

History shows that once our recession forecast model reaches current levels, aggressive policy can delay recession, but not avoid it.

Commentary

Looking Past the Liquidity-Driven Rally

Credit spreads could get tighter in this liquidity-driven rally, but history has shown that the potential for widening from here is much greater.