December 3, 2020
December 2020 Fixed Income Market Update
The speed of development and efficacy of Covid-19 vaccines has generated well warranted market enthusiasm.
BMO Global Asset Management offers complete investment advisory solutions and multidisciplinary asset management strategies to institutional investors, consultants, wealth advisors and their clients. At BMO Global Asset Management, we believe better conversations lead to better outcomes. It’s why we share direct access to the insights and conversations our investment teams have to build high quality portfolios that address the investment needs and outcomes our clients seek. Visit BMO Global Asset Management’s Viewpoints for our latest insights. Subscribe to get insights from BMO Global Asset Management delivered directly to your inbox.
November 19, 2020
Beyond Politics: Economic & Scientific Momentum Continues
The news of a vaccine breakthrough is decidedly positive and equity markets around the world surged as a result.
November 5, 2020
November 2020 Fixed Income Market Update
In BMO Global Asset Management’s view, while elections have consequences, the consequences are rarely as stark or as predictable as prognosticators suggest.
October 29, 2020
November Nail-Biter?
With days remaining until Election Day, this post covers investment implications of the three possible election outcomes.
October 22, 2020
October 2020 Fixed Income Market Update
In our view, while economic data has been generally improving, higher frequency data such as elevated jobless claims and small business employment highlight the risk that the recovery could stall absent additional fiscal stimulus.
October 15, 2020
The Fed’s New Framework and Its Evolving Reaction Function
October 8, 2020
Back to the Future of Fixed Income
October 1, 2020
High Inflation Risk is Dividing the Investment Community
The potential risk of high inflation is a topic that has divided the investment community. What is certain is that COVID induced lockdowns have created immense deflationary pressures.
September 24, 2020
Interest Rates: Lower For Longer…or Forever?
The Fed notes that rates will remain near zero “until labor market conditions have reached levels consistent with the Committee’s assessments of maximum employment. Officials see inflation getting to 2% by 2023 and unemployment getting down to 4% around that time.
September 10, 2020
September 2020 Fixed Income Market Update
In our view, in a landscape of improved risk sentiment and strong demand for yield, U.S. corporates appear attractive even noting the recompression of spreads since the first quarter.
September 3, 2020
Navigating Family Dynamics: Multigenerational Wealth
This podcast discusses the challenges of multigenerational wealth. Helping a family manage and maintain their wealth over multiple generations can be a complicated and potentially unhappy affair.
August 20, 2020
Mental Accounting: Engaging Clients with Bucket Planning
In this episode: Six actionable steps to help clients develop a personal bucket plan, and more!
August 13, 2020
August 2020 Fixed Income Market Update
Corporate profits and economic growth beat expectations, though the bar was extraordinarily low and absolute levels dreadful. There is reasonable optimism that we have seen the worst, however, having passed the bottom is not the same as a clear horizon going forward.
August 6, 2020
Bluebirds Fly
July 23, 2020
The U.S.-China Relationship in a Changing Global Economy
July 16, 2020
The Hidden Value in Corporate Bonds
July 9, 2020
Buy Now, Pay Later: Stimulus and the U.S. Deficit
July 2, 2020
July 2020 Fixed Income Market Update
In our view, the magnitude and speed of the market recovery in the second quarter are noteworthy and potentially cautionary. Government programs have done a better than expected job in replacing individual income to date, though some programs are expected to expire in the next month, which could create challenges.
June 18, 2020
Blink and You Missed It
June 11, 2020
June 2020 Fixed Income Market Update
In our view, early indications from recent high frequency data are encouraging, but should be viewed in context and not over-interpreted. As we have highlighted, markets have rallied on policy supports and anticipation of re-opening and medical advances.
May 28, 2020
U.S. Labor Market: Furloughs and Fragility
Nationwide closures, stay-at-home orders, and social distancing guidelines in response to the virus outbreak have pushed the U.S. unemployment rate to the highest level post-World War II. Even with this historic collapse, job losses are likely worse than the headline figures suggest.
May 21, 2020
Analyzing the Opportunities for Active Management
May 14, 2020
What’s Next for China?
May 7, 2020
May 2020 Fixed Income Market Update
In our view, the markets feel much healthier at the end of April than a month ago, but underappreciated in the improved sentiment is not only the scale of March policy action, but its continuation into April.
April 30, 2020
Examining the Relationship between Social Distancing and Economic Activity
The crisis continues to evolve, leading to questions of how long the social distance measures will remain, how severe will the infection rate get, and when will peak cases be reached. Gauging the length of these measures is crucial to anticipate the economic impacts to U.S. businesses and consumers.
April 23, 2020
The Meaty Realities of Food Production
As investors, we are particularly interested in how companies are managing ESG risks in both their operations and supply chains, as well as whether they are seeking opportunities in high-growth areas such as vegan protein.
April 16, 2020
Virus Starts With V but Ends with U-Shaped
April 9, 2020
The Opportunity in Small and Microcap Equity
The ten year bull market in US equities ended abruptly in February 2020 as investors started to appreciate the health care, economic, and financial implications of COVID-19.
April 2, 2020
April 2020 Fixed Income Market Update
The coronavirus and the measures taken to contain it have had a massive impact on individual lives, the economy and financial markets. While known to be large, significant uncertainty remains regarding just how dire the impacts will be.
