El nuevo amanecer de Corea del Sur
market snapshot
Fed may do little in this push-me-pull-you market
It’s become a cliché but bond markets remained volatile in May, with investors ultimately discounting the latest tariff tantrums and re-embracing risk. US Treasury yields spiked once again as the federal budget and deficit took centre court, but this time other forms of fixed income investment (asset-backed, corporate, international and municipals) benefitted by comparison to […]
Navegando en la tormenta
Video transcript ¿Cómo hemos sorteado la volatilidad? El « Liberation Day» trajo consigo una gran volatilidad e incertidumbre a los mercados, y al tratar de navegar a través de ella establecimos una serie de cinco puntos de referencia para ayudar a confirmar nuestra postura alcista. Lo primero que queríamos ver era un discurso comercial más […]
Trump’s tariff rollout hits roadblock
market snapshot
What does the US debt downgrade mean?
market snapshot
The ECB’s road ahead
navigating the certain uncertainties
How should credit investors navigate such an uncertain backdrop?
Fast reading Uncertainty stemming from the Republican administration’s economic policy has undermined confidence in capital markets. Credit ratings agency Moody’s has downgraded US sovereign debt to Aa1 from Aaa. Notwithstanding a reset on tariffs with China, many market drivers – for lenders, borrowers and investors – are in a holding pattern until an element of […]
What word best encapsulates the current economic environment?
Video transcript The word that best describes economic conditions right now has to be ‘uncertainty’. We hear it frequently on earnings calls from investors and across the capital markets, from all participants. By way of evidence, we searched the word uncertainty in the Fed’s ‘Beige Book’. The ‘Beige Book’ is a summary of economic conditions […]
Oil prices stop making sense
For the past few years, the expanded group of oil producers known as OPEC+ have tried collectively to stabilise crude prices by lowering production in order to dampen price volatility to the downside. But because several members of the wider cartel have different and conflicting fiscal and external financing priorities, efforts to limit output have not […]
¿Puede Argentina reactivar su economía en crisis?
EMD report Q2 2025
