Market Commentary

As the credit cycle drags on, investors are on the lookout for any cracks that could spread across the market. With that in mind, is the state of credit fundamentals…

We are heading into the final few weeks of the first quarter, and thus far, 2019 has brought a welcome recovery from the chaos that wreaked havoc on markets in…

Why bank loans may offer benefits in today’s economic and market environment… The fixed-income landscape is shifting as rates rise and as we press on in the late stages of…

Earlier this week, MSCI announced that Argentina will be included in its MSCI Emerging Markets (EM) Index. The much-anticipated news brought relief to investors, as the country has faced a…

MACRO OUTLOOK The “Goldilocks” economic environment of 2017 puts us in an interesting position today. The risks that threaten to upend this strength only increase the longer this dynamic lasts.…

CREDIT MARKET OUTLOOK The fuel of asset inflation and economic expansion since 2009 has been access to and availability of cheap capital. Therefore, having a finger on the pulse of…

In the second part of our outlook on the Tax Cuts and Jobs Act (TCJA), we looked at changes to corporate interest deductibility. The bill puts a 30% cap on…

Both the House and the Senate versions of the Tax Cuts and Jobs Act (TCJA) included a 20% proposed corporate tax rate. Recently that number was adjusted to 21%, as…