Derivatives, not bonds, may sometimes be the better choice in the hunt for extra yield.
India needs fiscal consolidation and reforms, but political momentum for them may be waning.
Mexico’s fiscal picture and policies take shape under new President López Obrador.
China is slowing, but we expect the government will act as needed to stabilize growth.
We are cautiously optimistic in our outlook on Mexico as AMLO makes his mark.
The 2018 sell-off presents an opportunity to realize price gains as well as income.
We expect monetary policy in 2019 globally will be more supportive of growth.
We believe income opportunities for investors may exist beyond the United States’ borders.
Active fixed-income strategies may sometimes be preferable to their passive counterparts.