Following last week’s “hotter” than expected CPI release, the sole focus for the money and bond markets was to, yet again, dial back their Fed rate cut expectations. Ahead of the May FOMC meeting, Kevin Flanagan dives into an aspect of Fed policy decision-making that has been flying under the radar: the balance sheet.
As 2023 draws to a close, what will 2024 have in store for investors? It appears this Fed rate hike cycle is over and now we pivot to potential rate cuts. But not until inflation has sufficiently cooled. As we've seen before, a lot can happen in the meantime.
As 2023 draws to a close, what will 2024 have in store for investors? It appears this Fed rate hike cycle is over and now we pivot to potential rate cuts. But not until inflation has sufficiently cooled. As we've seen before, a lot can happen in the meantime.
The economic and market landscapes continue to evolve, and we expect some significant changes as we make our way through the remainder of 2023. In our Mid-Year Economic and Market Outlook for 2023, we lay out some of the “known unknowns” we believe could significantly affect the investing landscape and dive into our thoughts covering Equities, Fixed income and Real assets and alternatives.
Over the last year and a half, fixed income investors have faced a variety of challenges: a once-in-a-generation pandemic with unprecedented lockdown, a surge in inflation and rate hikes at a pace not seen since Chairman Volcker’s tenure. With the U.S. bond market expected to continue evolving, learn about three high-conviction themes for fixed income investors to consider now.