The three things you need to know this week: the Fed's balance sheet is set to grow, FOMC participants are split on the forward path and keep an eye out on parameters for ECB purchases next.
In the context of today’s fundamental backdrop and default outlook, spread levels suggest investors are being fairly compensated, relative to other points in the cycle, for the amount of risk they are taking.
The performance of Emerging Markets Sovereign Debt can—and does—vary widely from country to country. In this piece, Barings’ Cem Karacadag explores how an active approach can be key to selecting the most attractive opportunities, while also avoiding the bad apples.
While there is no shortage of risks to consider in today’s high yield markets—from ESG to the end of the credit cycle—Barings’ Martin Horne describes how taking a contrarian approach can help investors uncover pockets of value.
Global leading indicators ticked up slightly in August, but remain in contraction territory. While global growth has slowed, risks are tilted to the downside. The mounting toll of higher trade costs, decreased investment and dwindling confidence are weighing on growth.
The three things you need to know this week: Third quarter S&P 500 earnings expectations are in decline, the U.S. slapped new tariffs on EU imports and a new Brexit plan was announced.
The three things you need to know this week: The U.S. and Japan sign a deal, China Agrees to purchase more U.S. agriculture and Saudi oil production is back online.
The three things you need to know this week: Saudi drone strike takes out five percent of global crude output, repo markets sneeze and the Fed cuts rates.
The three things you need to know this week: More signs are pointing to U.S.-China trade war de-escalation, ECB launches new stimulus and the PBOC cuts required reserve ratios.
The outlook for global growth remains worrisome as global leading indicators continued to wallow in contraction territory in July. As momentum fades, the forecast for global growth was revised lower with consensus forecasts now at 3.2% in 2019.
The three things you need to know this week: Fed Beige Book cites U.S. consumption holding up well, bad Chinese debts continue to rise and a U.K Parliamentary shakeup amid Brexit.
Stuart Mathieson, Head of Barings’ Global Special Situations group, and Bryan High, Co-Portfolio Manager of the strategy, discuss how the macro environment is impacting their outlook, and where they're seeing distressed debt opportunities today.