July 16, 2018: Interest rates and credit spreads have increased this year, but we expect those trends to reverse over the next year. Additionally, we think concerns about accelerating inflation are overblown. Jim McDonald explains.
Global growth is moderating and the risk of a trade war seems to be increasing, but inflation remains in check. The outlook for investment grade and high yield bonds looks promising, and we have moved from inflation-protected bonds toward them.
Ten questions and answers to help non-U.S. investors understand the U.S. tax system.