Insight & Commentary

  • Fed Fuels Record High-Yield Bond Market Issuance and Investor Inflows

    Amid a massive return since the March low, the default rate has nearly tripled from year-ago levels as recovery rates deteriorate. “Kicking the can down the road” as vulnerability grows.

  • As Inflows Grow and Skepticism Lingers, ESG Investing Comes of Age

    Companies increasingly adopt ESG principles as investment managers integrate sustainability metrics into their investment process. But it’s still “something of a wild west.”

  • Monetary Policy Setting Stage for Stock Market Growth-to-Value Rotation?

    Federal Reserve and other major central bank stimulus should benefit high-quality value stocks and foster inflation’s “green shoots” as the global economy emerges from recession.

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