LIBOR Hits Expansion High

Meghan Shue and Randy H. Vogel, CFA |
Wilmington Wire
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March 20, 2018—As investors, one of our most important jobs at this point in the market cycle is watching for red flags that could signal the beginning of a bear market (often defined as a -20% selloff). One indicator that acted as such a red flag during the financial crisis was the spread, or difference, between the London interbank offered rate (LIBOR) and the Overnight Index Swap (OIS) rate.

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Implications of Trump’s Pick for Fed Chair

Meghan Shue |
Wilmington Wire
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October 5, 2017— While President Trump is still early in his tenure, it is fair to speculate that one of his most influential contributions will come in the appointments he will make to key posts within the Federal Reserve Board (“Fed”). The composition of the Fed has incredibly important implications for the U.S. and international financial systems.

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Caveat Bond Investor

Wilmer C. Stith III |
Wilmington Wire
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September 1, 2017— Under the staid surface of a low interest rate environment and a persistent tightening of credit premiums, much has changed in the composition of the U.S. bond market over the last 10 years. Investors need to take stock of these changes now before the next inevitable period of market turbulence catches them by surprise. Since the onset of the Great Recession, two major themes have taken place in the bond market with little notice or fanfare.

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