Global Positioning Systems: Recalculating …

Tony Roth |
Investment Management
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Our 2018 forecast for markets, economies, and portfolios. The U.S. economy — late-cycle emergence Inflation and growth — global-U.S. divergence Valuations, yields, and volatility — alternative resurgence Signs points to the U.S. economy being near or in a late (or pre-recession) stage, yet stock market valuations are elevated and inflation is inexplicably soft. Our investment

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Municipal Fixed Income Quarterly Market Commentary 2Q2017

Stephen Winterstein |
Investment Management
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In the second quarter issue of our commentary we feature: Intimations of municipal splendor by Stephen Winterstein. Municipal market performance in perspective? by Robert Collins. A look at Connecticut, Illinois, and Puerto Rico by three of our research analysts. For municipal bond market participants, “splendor in the grass” harkens back to the sweet pre-election promise known

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