Look under the hood of sizzling headline inflation, and you’ll see it starting to cool.
The repercussions of US midterm elections will be felt over the coming months and years, not days. The key is how the results are transmitted to the economy, chiefly through monetary and fiscal policy.
With many aspects of the US economy in decent shape, we believe spread widening in a recession is likely to be limited. Still, investors no longer need to overreach on risk.
Consumer companies that are adept at turning mountains of customer data into actionable intelligence are boosting sales and gaining market share, creating opportunities for investors.
We are cautiously optimistic about cyclical stocks. Their historically low relative value and deeply negative overall investor sentiment could be a recipe for a strong relief rally.
The major US indexes closed September in the red, posting losses for the week, month, quarter and year to date. The S&P 500 index booked a new YTD low as investors fretted about earnings, interest rates and global economic growth.
We expect inflation to ease despite a surprisingly high CPI reading for August, allowing the Federal Reserve to temper its aggressive pace of rate increases.
Despite recent volatility in the senior loan market, owning higher-rated cohorts can help commercial banks navigate rising interest rates while remaining mindful of credit risk.
Target date funds (TDFs) have traditionally consisted of either actively or passively managed portfolios. But in recent years, TDFs that blend both styles have grown in popularity, offering many benefits.
Voya’s large cap value team believes that excess capital yield (ECY) provides a holistic view of the amount of capital a company has available to create value. We apply our ECY framework to evaluate stocks from a relative value perspective and construct a diversified portfolio with a higher yield than the benchmark.
Stocks and bonds have pulled back since the Fed clarified its commitment to fighting inflation. Despite volatility, we believe equities will stay within a broad trading range and not retest earlier lows. Rising yields, particularly among spread assets, should make bonds appealing compared to equities.
In What’s unique about Voya’s approach to ESG?, Jim and Laura dive into processes and tools, including our proprietary V-score, that make ESG a meaningful part of investment decisions in Voya’s equity strategies.
Taking the tough questions head on, Do ESG critics have a point? raises issues such as ESG’s recent underperformance (and the problem with generalizing issues about ESG), the veracity of impact investing and the troubling lack of clarity on ESG product labeling.