Investors who piled into defensive equities in 2019 now must face the prospects of reduced trade war risks and improving economic data, both of which will favor value over low volatility. Alejandro Saltiel and Matt Wagner explain how to position a portfolio if the value factor keeps its “hot hand” in 2020.
Last Friday marked the first “real” data day for the bond market, with the release of the final jobs report for CY 2019. Kevin Flanagan explains how the December 2019 jobs report falls right in line with our 2020 outlook for the U.S. economy, interest rate and credit spread trends.
On the first “Behind the Markets” podcast of 2020, Jeremy Schwartz spoke with Bruce Mehlman, founder of bipartisan government relations firm Mehlman Castagnetti Rosen & Thomas, about recent major political trends and how they may shape the years ahead.
Our base case for the credit cycle in 2020 is that it will not turn, and investors will likely continue to seek income in higher-yielding fixed income assets. Our fixed income team provides a solution for fixed income investors seeking for income.