Market Commentary

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…