By Penn Mutual Asset Management | February 13, 2018
Chief Investment Officer Mark Heppenstall returned to CNBC’s “Closing Bell” last week to share his insights on the latest market volatility. He shared where he is finding value in the… Read More
By David O'Malley | September 5, 2017
The nuclear test by North Korea has brought geopolitical uncertainty to a new level. As I have previously written, it is very hard to trade geopolitical risk so I prefer to stay focused on fundamentals.
Last week’s August employment report was weaker than expectations on almost all aspects. The report comes after stronger employment data earlier in the week. The ramifications of the weaker report bring the odds of a December interest rate increase by the Federal Reserve (Fed) to less than 50/50. The weaker average hourly earnings and sluggish inflation data may keep the Fed on hold until after the holiday spending season.
By David O'Malley | April 17, 2017
Geopolitical issues took center stage last week as stocks fell again and Treasury bond yields dropped to their lowest level in 2017, as tensions surrounding North Korea and with Russia over the U.S. attack in Syria had market participants worried about the impact of the Trump administration’s domestic agenda.
By David O'Malley | January 25, 2016
After another volatile week for the financial markets, equities and energy prices ended up after starting the week by marking new lows for the year. I got to thinking about the possibility that this market selloff could create a slowdown in economic activity.
By Mark Heppenstall | January 4, 2016
Here are a few key lessons investors learned (again) during 2015. Today also marks a key milestone for our company and our investment team as we enter the private market with the launch of a private fund. The fund marks our entrance into the private market and is an outgrowth of our firm’s depth and expertise as fixed income managers.
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