As do many economists, I have a strong bias for free trade. These are not happy times for those of..

Macro Strategies, Trade

The burning question for equity investors is: what will happen to earnings in 2017? We estimate..

Equity Research

With global savings and investment having peaked recently, we remain in a demand deficient world,..

Macro Strategies, Market Outlook, Infographic

Our bank loan team has long believed that BB-rated bank loans can be very attractive to asset..

Bank Loans

Non-bank financial institutions (NBFIs), which typically operate with less regulatory oversight..

To almost no one’s surprise, the Federal Reserve’s Federal Open Market Committee (FOMC) changed no..

Macro Strategies, The Fed, Central Banks