John Bellows, Western Asset Portfolio Manager, examines the factors likely needed for the Federal Reserve (Fed) to again loosen monetary policy.
The Fed did not cut rates or change its balance sheet policy yesterday, but that hardly mattered. The Fed was dovish in every other way that counts, from the statement to the dots to the press conference.
Western Asset’s Richard Booth and Gordon Brown explain why we believe current eurozone valuations are inconsistent with improving fundamentals.
Western Asset’s Sebastian Angerer and Ivor Schucking discuss why we believe today’s post-crisis, lower-risk banking business model will help banks in the US and Europe outperform expectations.