US Corporate High Yield Credit

Shortly after US Corporate High Yield credit spreads reached their tightest levels, investors are now worried that the credit cycle is turning, evident in last year’s abrupt about- face in spreads. Investors are aware that the economy remains the most important driver of defaults but appear to underestimate forecasts of US GDP growth remaining above Read More…

Japanese Equities: Foreign Withdrawal

Investors might already know the major impact foreign investors have on Japan’s equity market. Japanese equity returns tend to have a relatively strong correlation with the net inflows or outflows of foreign investors. This was witnessed in 2018 when Japanese equities decline of 16% occurred along with the largest foreign outflows since the global financial Read More…

The Investment and Innovation Status in the United States

The US benefits from long-term structural advantages through its investment-friendly economy. A level of innovation and productivity, favorable demographics and its strong institutions are all factors that support better-quality economic and earnings growth. The US ranks in the top 10% of all countries across economic freedom, ease of doing business, global competitiveness and world governance Read More…