The outlook for historically low interest rates is a top issue for investors. Low rates stem from tepid potential growth and central bank success in achieving predictable, stable inflation. Yet […]

The past year turned out to be more bullish than we anticipated. Consensus growth expectations caught up to ours and global earnings jumped—but the magnitude of asset returns surprised us. […]

The Federal Reserve’s (Fed’s) rate increase this week was widely expected, and focus is now on what’s next for 2018. We see the central bank delivering its projected three 0.25% […]

Consider these numbers: Markets outside the U.S. represent half of the total value of the 47 developed and emerging stock markets that make up the MSCI All Country World Index […]

We believe the synchronized global economic expansion has plenty of room to run in 2018 and beyond—more than many investors think. We like equities and see emerging markets (EM) at […]

Nearly a decade after the financial crisis, the Federal Reserve (Fed) is taking clear steps to ‘normalize’ its monetary policy. In addition to raising rates, it is also reducing the […]