How emojis enrich nonverbal communication
Discover why the saying ‘a picture is worth a thousand words’ can help explain why emojis are frequently used to connect with friends and family.
Market Perspectives cover broader issues, including the global economy, market environment or sector overviews.
The results of the United Kingdom’s (UK) general election are a bit of a shock, as the ruling conservative party led by Prime Minister Theresa May lost its majority, winning only an estimated 318 seats in Parliament, versus a needed majority of 326 seats. The UK pound fell by nearly 2%.
Strong 2016 performance and a sharp rally in credit spreads have prompted some investors to take a cautious view of high yield bonds. However, we believe this asset class remains attractive as part of a fixed income allocation, particularly as the US Federal Reserve looks to raise interest rates. The key is to approach the asset class thoughtfully.
Emmanual Macron’s presidential election win is likely to make Europe overall more attractive to investors.
We believe global economic growth is set to improve this year, although the risks surrounding political uncertainty could be rising around the world.
In most credit cycles, the market hits a point when credit rating downgrades far exceed upgrades. This ratings migration process can significantly impact the valuations of securities, particularly when credits are downgraded from a rating of investment grade to high yield.
The U.S. Federal Reserve's (Fed) policy-making committee increased the benchmark federal funds interest rate to 1.00%, a 0.25-percentage-point increase. This follows an increase in December 2016.