Revisiting the Global Credit Cycle
The new, pro-growth U.S. administration and rising global political risks could affect the current credit cycle in several ways, including an acceleration due to changes in regulatory and tax policies and an elevation in tail risks that requires heightened monitoring.
Michael Collins Discusses His New White Paper on the Changes to the Global Credit Cycle
While political developments in the U.S. are front-and-center as the year begins, too narrow a focus could discount the ongoing challenges with China’s economic transition, the political headwinds that may further impede structural reforms in Europe, and—certainly not to be overlooked—the market opportunities that may lie ahead for fixed income investors. (January, 2017)
In the past two decades, failures in two major systemic areas of the developed market economies–macroeconomic and policy–have created a third major fault line–political risk. By itself, each area carries the potential to create financial volatility, but they tend to be far more potent when they act together. These three ground faults are the key to our most serious future financial risks. (September 2016)Read More
PGIM Fixed Income's Robert Tipp, Chief Investment Strategist, appeared in a Q&A entitled, "Bonds Still Solid in Today's Tricky Markets," which appears in the July issue of AsianInvestor magazine, June 15, 2016
Stephen Warren joins PGIM Fixed Income, January 12, 2016.
Pramerica Investment Management to Change its Name to PGIM, November 10, 2015.Read More