Chart of the Week: A World Away
Fund managers are looking increasingly to global issues for biggest risks. Source: The Daily Shot, BofA Global Research(Past performance is no guarantee of future results.)
Fund managers are looking increasingly to global issues for biggest risks. Source: The Daily Shot, BofA Global Research(Past performance is no guarantee of future results.)
Investors expect modestly lower credit spreads, no change, and some widening. Source: The Daily Shot, PitchBook/LCD(Past performance is no guarantee of future results.)
September’s surprisingly strong jobs report further signals a soft landing. Source: The Daily Shot(Past performance is no guarantee of future results.)
Canadian GDP forecasts have been increasingly bullish since January. Source: The Daily Shot, Bloomberg(Past performance is no guarantee of future results.)
The size of the Fed’s first rate cut in over four years – 50 bps – surprised analysts. Source: The Daily Shot(Past performance is no guarantee of future results.)
Since early July public equities have seesawed between recession worries and confidence. Source: FactSet(Past performance is no guarantee of future results.)
Consumers in Italy reported a drop in confidence last month. Source: The Daily Shot(Past performance is no guarantee of future results.)
The number of negative watch or warning leveraged loan borrowers is declining. Source: PitchBook | LCD; Morningstar LSTA US Leveraged Loan Index (Past performance is no guarantee of future results.)
Amid last week’s turmoil in public equities, loan and bond returns thrived. Source: The Daily Shot(Past performance is no guarantee of future results.)
The Bank of England lowered its benchmark rate for the first time since Covid. Source: The Daily Shot(Past performance is no guarantee of future results.)