White Paper

COVID-19 Has Redefined Infrastructure Needs: Implications for the Municipal Bond Market

Infrastructure financing is coming to the municipal bond market. What can we expect?

Commentary

Deal or No Deal, the UK Faces Risks Beyond Brexit

The December deadline for a Brexit deal is quickly approaching. One consequence of Brexit was that firms couldn’t plan—or they were forced to plan for a no-deal scenario. It’s a big reason why the pace of business investment was so sluggish in the years since the 2016 referendum...

Commentary

US Consumers Appearing Less Confident

Consumers are traditionally the engine of the US economy, and I believe consumer confidence is an important indicator of consumer intentions. The August reading of the Conference Board’s Consumer Confidence Index suggests that consumers are not feeling optimistic.

Commentary

US-China Relations: What’s New and What’s Next?

US-China relations are built on a fragile web of complex issues. Recently, we’ve seen headlines about technology, sovereignty and human rights flare up, and the Phase 1 trade deal review has been delayed indefinitely. Here, I review these flashpoints and how they could affect US-China relations.

Commentary

Global GDP Themes and Forecasts

We believe the global economy appears to be working its way out of a deep recession. Read on for a visual snapshot of GDP growth around the globe.

White Paper

Loomis Sayles Global Allocation Fund Q&A

The fund's portfolio managers explain their differentiated approach and why they believe it can deliver attractive returns in any market environment.

Commentary

Core Plus: Three Questions on What’s Changed Since the March Madness

The Loomis Sayles Core Plus Fixed Income Team shares their thoughts on the potential for downgrades in the BBB debt market and dialing up portfolio risk.

Commentary

Chart of the Week: World Trade Volumes Have Collapsed

The global pandemic has devastated global trade. It appears that some of the drop in trade is simply related to lower domestic demand everywhere as spending on consumer goods and investment goods has been slashed.

Commentary

Alpha Strategies: Three Questions on What's Changed Since the March Madness

The Loomis Sayles Alpha Strategies Team answers three questions on corporate health, regime models and opportunities in emerging markets.

Commentary

Emerging Market Equities: Three Questions on What's Changed Since the March Madness

Loomis Sayles Portfolio Manager Ashish Chugh provides an update on emerging market equities and the impact COVID-19 has had on them recently.

Commentary

Bank Loans: Three Questions on What’s Changed Since the March Madness

In March, Bank Loans Portfolio Manager John Bell saw three different roads back to par, with market recovery in 6-12 months the most likely. How has the recent market activity changed his view?

Commentary

Global Fixed Income: Three Questions on What's Changed Since the March Madness

In March, the Loomis Sayles Global Fixed Income Team anticipated the economy could experience sluggish growth in the third quarter after a downturn in the second. Given the ongoing vagaries of quarantines and shutdowns, how has their growth outlook changed?

Commentary

Loomis Sayles' Investment Outlook – July 2020

Investors appear firmly focused on the economic recovery ahead. With Fed support and the potential for additional fiscal stimulus, we expect capital to shift toward riskier assets like credit and equities. However, we acknowledge that risk assets are largely priced for the better days we see ahead—a substantial decline in economic conditions could send markets into a corresponding decline.

Commentary

Homebuilders: Holding Up Better Than Expected

The homebuilding and building products industries have held up quite well during this economic downturn compared to the material negative impact they experienced during the global financial crisis. After an initial demand shock resulting from shelter-in-place orders, housing activity has been trending more positively than I would have expected in May and June.

White Paper

Investment Outlook July 2020

As the economy moves into a credit repair phase, uncertainty related to the future implications of COVID-19 persists.