Insights

Our outlook across asset classes.

Ratings upgrades and rebounding economy create favorable backdrop.

Munis may hit bumps on the Fed's path but should have much to offer in 2022.

And if it does, the world becomes a more dangerous place for investors. 

Three things to watch in 2022.

Three things to watch in 2022.

We’re constructive based on several factors.

Several paths to pursue more yield in short-duration bonds.

Three things to watch in 2022.

Robust spending and low delinquencies bode well for yields.

The infrastructure bill benefits municipalities and muni investors alike.

The Fed announced it will cut the pace of its asset purchases, but not on a preordained path.

The case for an active approach to the short end of the bond market.

Finding value in a frequently misunderstood sector.

Stubbornly higher inflation doesn't mean the Fed's wrong ... yet.

Semiconductor shortage is an all-around positive for these asset-backed securities.

Recent moves in bond yields make sense with a closer look.

Bond market plods ahead amid looming uncertainties.

Brief summer lull didn't derail solid fundamentals.

Dividend-paying stocks offer value across sectors.

It depends on each company's pricing power.

Holding debt can be an effective complement to owning stocks. 

Valuations suggest it's time to consider dividend stocks.

While curtailing bond purchases were discussed, the FOMC today offered little additional insight.

Bond markets can look to precedent for reassurance

Improving credit dynamics and rising demand make for solid 1-2 punch.

Bond market is priced, somewhat, for the Fed to get inflation right.

What should investors do?

They continue to confound as growth surges and prices accelerate.

Asset class continues to offer investors favorable relative returns.

A decade of disinvestment is causing affordability issues, not rampant speculation.

The municipal bond market stands to benefit from many of its components.

Higher taxes should be good for higher value municipal bonds.

What’s the impact of new stimulus on the market and consumer?

New stimulus should be a tailwind for relative performance.

Rate strategies lead the way for bonds in challenging first quarter.

A strengthening economy should smooth rising-rate headwinds.

Rising yields mean different things for different sectors of the market.

And broader markets are not sounding alarms.

Yields are rising for the right reasons.

Now it's the Senate's turn to shape the Covid relief bill.

There may be tiny bubbles but this is not the year 2000.

Inflation shouldn't be disruptive this year, but watch for surprises to the upside.

A return to normalcy and opportunities.

Ongoing monetary, fiscal support amid emerging recovery make for a challenging search.

Normalizing economic activity and wide-open fiscal and monetary spigots should lift prices higher.

A patient Fed means first pullback in asset purchases unlikely until 2022.

A Democratic White House and Congress should feed fiscal expansion.

Municipal credit quality should improve as the economy recovers.