Post Fed Thoughts

  Post Fed Thoughts   The Federal Open Market Committee (FOMC) announced a 25 basis points hike in its meeting yesterday, as expected, bringing the upper bound of the target policy rate to 5.25%, which is the highest level since 2007. The Fed also maintained...

Reflections Post Silicon Valley Bank Collapse

    Reflections Post Silicon Valley Bank Collapse     After the Great Financial Crisis (GFC), U.S. regulatory bodies set out to increase oversight over our nation’s largest banks. The new environment has resulted in minimum capital ratios, minimum...

A Resiliency Framework for Investing in the Face of Uncertainty

    A Resiliency Framework for Investing in the Face of Uncertainty     In our 2023 outlook the one thing we knew for certain was the path forward would not chart a straight line. We are a little more than a month into the year and have already...

Key Themes for 2023: Trading

      Key Themes for 2023: Trading   Trading Zach Tucker, Head of Trading If 2021 was the celebration party for portfolio trading (PT), then 2022 was the year of the exchange-traded fund (ETF). We closed 2021 engaged with numerous counterparties...

Key Themes for 2023: High Yield and Leveraged Loans

    Key Themes for 2023: High Yield and Leveraged Loans     High Yield and Leveraged Loans Garrett Olson, Portfolio Manager, HY Credit   Fundamentals Leveraged finance fundamentals look relatively resilient as we enter 2023. Per J.P. Morgan 3Q...