In his 3Q19 market commentary, Western Asset CIO Ken Leech describes the Firm’s outlook given how drastically the investment backdrop has changed over the last quarter.
From “Whatever It Takes” to “As Long As It Takes”—The ECB’s New Monetary Policy Stance Is a Cry for Fiscal Support
by Andreas Billmeier, PhD
The Polish Paradox—Declining Local Yields Despite Strong Domestic Dynamics
by Quentin Lafosse
Leveraged Loans—A Tale of Two Markets
by Ryan Kohan
Today, the European Central Bank (ECB) adopted a comprehensive package of measures geared at bringing the inflation outlook back in line with its 2% target.
Western Asset’s Michael Buchanan and Robert Abad explain why we believe the underpinnings of the current credit cycle are more nuanced than those of prior cycles.
John Bellows, Western Asset Portfolio Manager, appeared on CNBC’s Squawk Alley to weigh in on recent jobs and manufacturing data, recession speculation, and the significance of the Fed’s shifting outlook.