As we wrap up on the past year, many would agree that the predominant market trend that impacted investors would have to be inflation. In 2022, inflation levels rose to the highest we have seen in four decades. How did we get here? Looking ahead to 2023, we evaluate how today’s inflation story could play out. When might we expect this principle of gravity to come to fruition? Or is this a new normal that the investment world needs to acclimate to? On this episode of Disruptive Forces, host Anu Rajakumar is joined by Olumide Owolabi, Portfolio Manager for Global Fixed Income, and Raheel Siddiqui, Senior Investment Strategist for Global Equities where they break down the dynamics of today’s inflationary environment and opine on how investors could navigate the market.
The Importance of Monitoring Credit Spreads In Positioning Equity Portfolios
On February 2, 2024, the yield spread between the Baa corporate bond and the 10-year Treasury bond sat at 147 bps—the narrowest level since 2000.
Flows and Fundamentals
With cash rates priced to decline substantially, we think it is time to deploy liquidity, locking in bond yields and seeking out value in the equity market.
Making Sense of Mixed Signals
Against long odds, 2023 marked the return of investor optimism. We examine the sustainability of the potentially precarious drivers that may be underpinning last year’s stunning market rally.