Today, a broad structural shift is underway with private markets becoming larger, more diverse, and more available to companies and investors than ever before.
For all the pain in the bond market — and some traders are betting there’s more to come — the notes look a lot more attractive to long-term buyers once Treasury yields are running at 5%-or-higher.
Interest-rate volatility should “remain quite high, at least through the mid-point of next year, according to the head of macro strategy at Wells Fargo Securities.
When markets are performing poorly, clients’ portfolio values can decline, giving clients the sense that they aren’t making progress toward goals and those goals seem harder to achieve.
The co-founder and former chief investment officer of Pacific Investment Management Co. has been growing increasingly vocal in recommending the strategy, which involves betting on the outcome of corporate takeovers.
