The next credit cycle trough will challenge leveraged-credit investors in ways not seen during prior default surges.
Jason Voss, CFA, looks at US Treasury yields, the flood of new corporate debt issuance, the emerging market resurgence, and other fixed-income surprises from 2014.
It may seem an odd question, but can financial engineering cure cancer? No less an intellectual light than Andrew W. Lo of MIT thinks financial engineering is a possibly potent weapon to aid in the ages old pursuit for a cancer cure.
The symptoms of economic dysfunction in the United States are becoming all too apparent, according to Lacy Hunt, executive director at Hoisington Investment Management. His solution? A sustained increase in savings, sometimes referred to as “austerity.”