China’s CSI 300 equity index closed at its lowest level since early 2019 on Tuesday following news that Moody’s downgraded its outlook for China’s credit rating from stable to negative. The report cited the…
Global instability will continue in 2024 – whatever happens afterward. Slowing economies will exacerbate already high geopolitical risk and policy uncertainty stemming from the US election and foreign challenges to US leadership.…
According to BCA Research’s European Investment Strategy service, European corporate spreads will widen over the coming six months before an attractive buying opportunity emerges in the second half of 2024. 2024 will…
The S&P 500 closed at a fresh year-to-date high on Friday, breaking slightly above its late-July top. The brisk rally since late-October erased all the losses of the prior three months. However, the sector performance has…
In the monthly Daily Insights Survey we conducted over the past week, we asked about our readers’ outlook for the timing of the next US recession, the Fed, and concerns for the global economy in 2024. On the US economic…
The Sentix Economic Index for the Eurozone continues to send a marginally positive signal. Its 1.8-point increase to -16.8 in December brings it to its highest level since May, albeit below expectations of a slightly more…
Our Portfolio Allocation Summary for December 2023.
The recent uptick in European economic data will not last beyond the next six months. How will European corporate credit perform in this context?
