On Monday evening, Japanese Prime Minister Shinzo Abe announced a commitment to a fiscal stimulus package worth ¥108 trillion, which is approximately 20% of Japan’s gross domestic product (GDP). In our view, this confirms Abe’s total commitment to preventing the inevitable recession from becoming a depression.
Recently, the overarching question for fixed income investors has been whether current valuations represent a renewed buying opportunity for the U.S. investment-grade and high-yield corporate arena. This leads Kevin Flanagan to answering the more pertinent query: what’s in the price?
On last week’s Behind the Markets podcast, Jeremy Schwartz spoke to Dr. Ruby Huang about policies Taiwan has put in place to help stop the spread of COVID-19. The second half of the show featured a conversation with geologist and oil expert Art Berman on recent developments in the oil markets.
It can be challenging for advisors to keep up with global markets and their client’s portfolios, especially during the recent periods of high volatility. Ryan Krystopowicz explains how model portfolio adoption can help advisors best serve their clients during this tough market environment.