EGF

Closed-End Funds: Investment-Grade Corporate Fixed-Income Exposure To Consider

Investment-grade corporate-focused closed-end funds offer attractive fixed-income options with higher yields in the current higher-rate environment. Some funds in the space could be worth consideration for conservative investors. Leverage and discounts/premiums in cefs add volatility to consider.

What Do We Expect For Markets In 2024?

Invesco's 2024 investment outlook discusses the balancing act between controlling inflation and preventing economic deterioration. Kristina hooper and alessio de longis discuss what investors should expect for markets in 2024. Hooper says investors should anticipate a broadening of the market and consider adding cyclical risk to portfolios.

Growth Up, Inflation Down

Jlgutierrez says the goldilocks economy is in a moderate but positive position. He says the economy is experiencing moderate growth and moderate inflation. The fed eased up on its hawkish stance in the fall, he says. Jlgut gutierrez says the market is in the midst of a santa claus rally in december.

Disinflation Dream Come True

According to the bureau of economic analysis, price pressures have significantly eased. Headline inflation was a mere 0.59 percent last month. Core inflation was 1.96 percent, below the federal reserve’s 2.0 percent target. Ongoing disinflation means monetary policy is unambiguously tight.

Recessionary Indicators Update - Soft Landing Or Worse?

Wall street economists predict a "soft landing" or no recession in 2024, despite recessionary indicators suggesting otherwise. Lance roberts says the yield curve inversion is a warning sign of a recession but not the start of the recession. The market's lead-up to a recession has shrunk markedly since 1980.

A Reassuring Outlook

Economy is growing at a moderate pace and inflation is fast approaching the fed's target. Gdp grew at a robust 5.2% annualized rate in the third quarter. M2, gdp, and inflation statistics are consistent with the view of a moderate economy. The fed has no reason to tighten monetary conditions any further.

A Cooling U.S. Economy Points To Swifter Rate Cuts

Inflation pressures are moderating and jobs market is cooling, but not collapsing, says ing. In october personal income and spending report shows 0.2% rise month-on-month. Core inflation slowed to 3.5% from 3.7% as expected. Initial jobless claims rise to 218k, continuing claims surge to 1927k. Core pce deflator rises 0.3% mom, but annual rate of core inflation is still below 2%. Ing sees evidence of moderating growth, easing inflation pressures and a cooling jobs market.

Rate Cut Expectations Fuel Bond Market Rally

Investors are increasing bets that the fed will soon start cutting interest rates. The policy-sensitive 2-year us treasury yield has fallen sharply in recent trading sessions. Comments from fed governor waller on tuesday ignited the strongest rally in bonds in 40 years. The market estimates the central bank will leave its target rate unchanged.