By Zhiwei Ren | September 24, 2015
We have all seen the benefit of Quantitative Easing (QE) when it was coming in: It reduces market volatility and makes holding financial assets much more rewarding. What will happen to the market when QE starts to come out?
By Mark Heppenstall | September 17, 2015
The Fed delivered another “goose egg” to investors as recent market turmoil and global economic weakness trumped improving economic conditions in the United States. What now?
By Justin Kaplan | September 17, 2015
This week’s chart focuses on finding value in the private equity middle market by looking at the purchase price multiples of companies whose enterprise values are between $100-$500 million (Middle Market) versus those valued at less than $100 million (Lower Middle Market).
By David O'Malley | September 16, 2015
I recently invited a portfolio manager from one of our sub-advisers, David Giroux of T. Rowe Price Associates, to share his perspective on the markets and the economy. As you will see, David and I have similar concerns on many of the issues facing investors today, but we each have our own perspective.
By Jason Merrill | September 3, 2015
The market has recognized a notable difference in idiosyncratic risk between leveraged loans and high-yield corporate bonds.
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High-Yield bonds are subject to greater fluctuations in value and risk of loss of income and principal. Investing in higher yielding, lower rated corporate bonds have a greater risk of price fluctuations and loss of principal and income than U.S. Treasury bonds and bills. Government securities offer a higher degree of safety and are guaranteed as to the timely payment of principal and interest if held to maturity.
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