commentary
Financial Markets Evince Risk-Seeking Behavior
Remember when 2021 was supposed to be a return to normality? Instead, it has been a transition year featuring high inflation and the ongoing coronavirus pandemic continuing to disrupt regions across the world, especially as new variants emerge such as Delta and Omicron.
Read MoreStyle Divergence Between Large Caps and Mid/Small
There is a big divergence in growth versus value occurring between large caps and mid/small. With valuations stretched and an uptick in volatility, could the pendulum finally swing for large caps as well?
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Corporate Bond Risk Measures Nearing All-time Highs
As if low interest rates and tight credit spreads weren’t enough to challenge fixed income investors in this market, the pool of investment grade corporate bonds seems to be getting riskier as well. The Bloomberg U.S. Corporate Index, which measures the investment grade, fixed-rate, taxable corporate bond market, and serves as a proxy for the U.S. credit market, now has an average duration of 8.78 years – nearly the longest it has ever been (98th
percentile)1.
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Any performance data shown represents past performance. Past performance is no guarantee of future results.
Non-deposit investment products are not federally insured, involve investment risk, may lose value and are not obligations of, or guaranteed by, any financial institution. Investment returns and principal value will fluctuate.
This website is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security.