6 min readIn the past twelve months, inflation has slowly become one of the greatest issues challenging the global economy. As the Fed has responded with the most aggressive interest rate increases in decades, treasury professionals have an opportunity for higher return potential on their cash investments. However, they need to be aware of the impact inflation…
3 min readInvestors grew increasingly concerned about the risk of recession in late June. Stock markets were particularly volatile on Thursday with the S&P giving up 0.9% on the day and 21% over the first half of the year, marking the worst performance since the 1970s. The DJIA declined 0.8% and the Nasdaq retreated by 1.3% as…
7 min readThe old saying that the only constant is change rings true in the realm of ESG investing. The pace at which the ESG landscape continues to shift is remarkable, and it routinely leaves government organizations, companies and investors struggling to keep step. Perhaps unsurprisingly then, there is now a demand for greater consistency and transparency…
3 min readThe global economic landscape and cash investing have experienced sizeable market shifts in the past year due to the ongoing disruptions to supply chains, geopolitical tensions with the conflict in Ukraine, rising inflation across the globe and the Federal Reserve’s interest rate tightening cycle. Institutional cash investors will need to monitor all these ongoing disruptions…
13 min readAs the market’s attention was drawn to the war in Ukraine, supply chain disruptions, runaway inflation, and higher interest rates, a significant deadline quietly passed. April 11 marked the end of the comment period for the new round of money market fund (MMF) reforms proposed by the Securities and Exchange Commission (SEC). As the Fed…
2 min readThe Fed appears likely to increase its overnight rate target at the March 15th-16th FOMC meeting. In addition to many other Fed officials who have expressed a willingness to tighten monetary policy to contain inflation pressures, Fed Chair Powell reinforced the hawkish tone at his Senate nomination hearing earlier this month. Throughout most of 2021…
16 min readIntroduction It has been our tradition to offer up three broad themes that will likely have the greatest impact on cash investments in the new year. After the research staff endured 20 months of work-from-home, I wanted to reward endurance by inviting them to each pick a theme for this look-ahead piece, hence the “three…
9 min readThe Fed shifted its policy stance radically at its December meeting, increasing the pace of its reduction in asset purchases and pushing up the timeline for rate hikes. This move was a culmination of policy being out of sync with the state of the economy, as it was extremely accommodative even with above target inflation…
1 min readESG (environmental, social, and governance) investing principals have been discussed for more than a decade, but they have only recently gained traction in the fixed income world. In this webcast, Ray Facinelli, EVP-Director of Business Development, and Pate Campbell, an analyst with the Capital Advisors Group credit research team, discuss what institutional cash investors need…
5 min readInflation, it’s all the rage in financial market commentary of late. After being dormant for the better part of a decade, the CPI came roaring back to life in April, with the headline index posting a 4.2% year-over-year rise and the core index posting a 3% increase. This has resulted in a lot of talk…