Daily Global Perspectives

Federal Reserve Chair Jerome Powell spoke at a forum in Washington this week, cautioning that persistent inflation and a strong U.S. economy will likely delay any Fed rate cuts until later this year.

The story of the fixed income markets over the past six months is broadly one of spreads tightening across the board as funds flow back into bonds.

March’s inflation print showed that the disinflation trend remains quite bumpy.

Strong economic data continues to come out of the U.S. Last week, the Bureau of Labor Statistics released data showing that the labor market added 303,000 nonfarm payroll jobs in March, far exceeding expectations of 214,000.

Ray Dalio recently released a piece titled “To Answer the Question of Why I Invest in China."

Last week saw a flurry of positive U.S. economic data releases.

Economic data informs investors about the health and growth of an economy, which in turn may affect their securities investments within that economy’s markets.

Last week, the Bank of Japan (BOJ) raised interest rates for the first time in 17 years. 

In our last post we discussed how a high yield spread that is both below the 10-year median spread and declining implies that we are in the growth phase...

People are chock full of cognitive biases, one of which is the negativity bias: We tend to pay more attention to ― and give more weight to negative information than positive information.