Commentary

Rising Valuations May Reflect Improved Credit Conditions

We believe the municipal markets should remain strong into 2022, although the good news may already be baked into high quality bond valuations.

Commentary

Focusing on Sustainability and Providing Attractive Income

Combining PIMCO’s innovative ESG (environmental, social, governance) investing approach with its expertise in income investing, this flexible strategy targets a multi-sector, global opportunity set.

Commentary

Age of Transformation

Three transformative trends will lead the world into a radically different macro environment over the secular horizon. Read our long-term outlook and implications to consider when investing.

Commentary

Monthly Municipal Market Update, September 2021

The Fed's more hawkish stance at September’s FOMC meeting, rising upside inflation pressures, and near-term volatility drove Treasury yields higher at the end of the month.

Commentary

Idiosyncratic Risk in China Real Estate: What Does it Mean for the Property Market and Banks?

We do not expect widespread contagion across China’s real estate or banking sectors despite the challenging outlook.

Commentary

Fed Policy Amid Elevated Inflation Concerns

Elevated risks to inflation expectations appear to have prompted Federal Reserve officials to revise their policy rate hike projections higher.

Commentary

Fed Policy Amid Elevated Inflation Concerns

Elevated risks to inflation expectations appear to have prompted Federal Reserve officials to revise their policy rate hike projections higher.

Commentary

Municipal Bonds: The Advantages of Active Management

The active/passive debate frequently focuses on equities, where active approaches have historically underperformed passive strategies. The story is decidedly different in the world of fixed income, where active managers can more easily exploit mispricing and other inefficiencies.

Commentary

Fundamentals of RAE: Deep Value, Bubble Stocks, and Market Inefficiency

Value has its day in the sun. But are investors learning the right lessons from it?

Commentary

Flexible Fixed Income: How to Navigate the Challenges of 2021 and Beyond

Uncertainty always exists in financial markets.

Commentary

A Dizzying Summer in D.C. as U.S. Debt Ceiling Looms Again

A busy summer on the fiscal front in Washington that’s seen progress on budget and infrastructure legislation could soon give way to another showdown over the U.S. statutory debt ceiling, potentially signaling volatility for investors in the months ahead.

Commentary

All Asset All Access: Evaluating and Managing Long‑Term Inflation Risks

In this edition, Chris Brightman, chief executive officer and chief investment officer of Research Affiliates, explains their outlook on long-term inflation and discusses how investors can prepare for this risk.

Commentary

How SMAs and Interval Funds Can Help Meet Municipal Investor Needs

There are many potential advantages to investing in tax-exempt municipal bonds, but not all advisors are aware of additional strategies and investment vehicles that can help them meet muni-focused client needs.

Commentary

Canadian Housing: Expensive, But Not Bubbly

Just over a year ago, the biggest prevailing worry in the Canadian financial system was the risk of house prices falling in the aftermath of the COVID-19 pandemic.

Commentary

The Well‑Tempered Retiree: Rational Choice in an Uncertain Retirement

Encouraging goal-oriented investing and better-balanced decisions in retirement.