It’s no secret that people are living longer. Falling fertility rates indicate that, on average,..

Equity Research, Infographic

US bank shares are in a bear market.[i] The KBW Bank Index[ii] fell 20% in 2018. That’s much worse..

Equity Research

To wrap up 2018, we took a look back at the year’s most popular blog posts. Not surprisingly, they..

Macro Strategies, Equity Research, Bank Loans, Fixed Income

Income is a key ingredient of long-term total return potential, but not all income is created..

Equity Research, Fixed Income, Video

Ten years after the financial crisis, the return on equity of US banks is still 30% below..

Equity Research, Video

We all knew volatility couldn’t stay low forever, even with solid global growth and low inflation...

Equity Research, Fixed Income