September 22, 2017— We are occasionally asked if we view the bank loan (also leveraged loan) space as attractive. While we are not addressing complete market credit conditions here, we can comment on some unique aspects of the bank loan market that impact our view. This asset class is composed of loans traditionally made to
September 21, 2017 — As we had anticipated for several months, the Federal Open Market Committee (FOMC) of the Federal Reserve announced the start of “normalization” of its balance sheet following the meeting this week. This means committee members believe they can and should start to reduce the overall size of the Fed’s balance sheet,
September 18, 2017— China’s ruling Communist Party (CCP) convenes its 19th National Congress on October 18. The congress will be assembling against the backdrop of a favorable investment climate that goes well beyond mere window-dressing: Rising personal incomes are driving the revenue of many listed companies, especially in e-commerce. Beijing’s “One Belt and One Road”
