For some time, bond investors have been yield hungry, even starved. In such an environment,..

Emerging Markets, Fixed Income

Like most risk assets, emerging market (EM) equities were hit hard by the pandemic, but they’ve..

Equity Research, Emerging Markets, COVID-19, Recovery

Global manufacturing appears to be roaring ahead. Global PMI[i] reached 56 in May, its highest..

Macro Strategies, Chart of the Week

We believe the municipal bond market is on the brink of major changes. The Biden administration has..

Fixed Income, Sector Outlook, Municipals

We believe global growth in 2021 looks strong, powered in large part by COVID-19 vaccine..

Macro Strategies, Sovereign Research, Market Outlook, Infographic, COVID-19

On 6 May, Scotland will hold parliamentary elections that could ramp up the push for a Scottish..

Macro Strategies, Sovereign Research, Election, Geopolitics