There appear to be three main reasons for the economy's resilience in the face of elevated interest rates.
The Fed may hint at how much it may cut interest rates this year.
Cat bonds can leave investors with huge losses if disasters happen and huge gains if they don't.
The economist expects the Federal Open Market Committee will only signal one rate cut for this year.
The amount of outstanding U.S. Treasurys has grown to $27 trillion from about $12 trillion 10 years ago.
Multifamily buildings make up the biggest share of potentially distressed properties.
At a time when asset prices are already elevated, lower borrowing costs will invite even more leverage and speculation.
Bonds in building materials, diversified financial services, and food and beverage are cheap, he said.
Orlando maintained his firm is sticking with its soft-landing scenario for the economy.
Active fixed income is positioned to do well over the next several years, the company says.
House hunters are getting hit with a double-whammy: high prices and high mortgage rates.
The Intrepid Income Fund's focus on short-duration fixed income has been a winner.
The highest interest rates in years are taking a toll from the US to Australia.
Even at more than 5.25%, the central bank's short-term interest-rate target might not be high enough to cool the economy.
But he said the breadth of inflation is still quite high.
The economy has been largely unresponsive to Fed policy moves, but that doesn't mean the U.S. will be permanently rate-insensitive.
Milwaukee-based Borgman Capital rolled out a platform for the wealthy and family offices.
This marks the fifth iteration of the firm's Loan Partners fund.
Muni-bond sales have hit $183 billion so far in 2024.
A mass defection at Barings LLC over compensation has startled the industry.