How High Yield May Reduce Portfolio Risk
Want to reduce portfolio risk without giving up on income? Consider high-yield bonds. Choosing Better Ingredients for a Turn in the Cycle
Q4 Kickoff Hints at Trade Dispute Headwinds
The final quarter is historically the best one of the year. Headwinds and tailwinds continue to be monitored, as tariffs and geopolitics pose a risk to economic growth.
“Fractured” FOMC Lowers Interest Rate as Expected
Scott Minerd, Chairman of Investments and Global CIO, visited Bloomberg TV to discuss the Fed’s latest rate cut. Read our update to Forecasting the Next Recession
Fed Votes on Second Rate Cut
In the most divided vote since 2014, the Fed voted 7-3 to lower interest rates by 25 basis points to 1.75-2%. Fed Chair Jay Powell said he sees a benefit in having diverse perspectives. He added that sometimes the path is very clear but that’s not the case right now given weakening global growth and trade developments that the Fed is monitoring.
Central Banks Eyes Stimulus for Global Economies
Global central banks are expected to introduce monetary easing and stimulus measures to prompt economies being pressured by trade tensions and a slowdown in growth.
Fed to Weigh Jobs Growth Slowdown
Ahead of the September Federal Reserve meeting, the U.S. jobs report showed that a fewer-than-expected 130,000 new jobs were created in August. Fed Chair Powell, described the economy and labor market as "healthy" at a speaking engagement in Switzerland.