* US President Trump has promised that a trade deal with China will be “epic”. China has said there is “a consensus”. But there is not, in fact, a deal. A deal is not likely before May. While financial markets may anticipate a deal, companies are likely to delay investing with this much uncertainty. That […]
We have argued for some time that emerging market (EM) hard-currency bonds, particularly those issued by sovereigns, have been one of the best performing fixed income asset classes globally over the last 15 years.
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A series of recent extreme weather events — from hurricanes and wildfires in the U.S. to heat waves in Europe and floods in Japan — have put a spotlight on climate-related risks. We offer a new set of tools for assessing such risks to portfolios. Mapping the damage Estimated climate-related impact on U.S. regional GDP, […]
Leveraging Advanced Data and Analytics New Report Examines the Physical Risks Associated with Climate Change on Municipal Bonds, Commercial Real Estate and U.S. Utilities Integrating Sustainability Factors into Investment Research Process is Critical to Risk Management New York, April 4, 2019 – Investors are underpricing the impact of climate-related risks, including more frequent and intense […]
* The enticing prospect of a US-China trade deal was dangled before the financial markets yesterday in an attempt to get equities to rally. The wild swings in equities over the past several months owe much to US President Trump’s trade taxes. Trump is to meet the Chinese vice-premier today. Risks are biased. Keeping trade […]
* US President Trump’s trade taxes hurt US listed companies. This caused the equity market to underperform the economy dramatically last year. Hopes of an end to those taxes have caused a remarkable equity rally this year. Now Chinese Vice Premier Liu arrives in Washington to try and do a deal. Markets already expect a […]