BBSA News and Press, JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF From 06/04/19

Inflation expectations have sharply fallen recently, driving down U.S. government bond yields and focusing attention on Fed policy. The market now expects three Fed rate cuts by the end of 2020. The Fed is getting concerned that its current toolkit won't effectively counter a future recession....

On Friday, the stock market closed down making May the worst month for stocks this year. The Standard & Poor’s 500 stock index closed at 2,752, down from the historic highs hit toward the end of April. And, with the growing threat of major tariff changes, the probability that ther...

By Bluford Putnam The U.S. has had an extended and very impressive rally in the prices of U.S. Treasury securities. The 10-year U.S. Treasury has seen its yield move from a recent high of 3.23% in early October 2018, down to 2.22% at the end of May 2019. One of the most important questions...

By Christopher Diaz, CFA Yields on global bonds continued to fall this week as concerns over trade issues escalated and recent U.S. economic data disappointed. Chris Diaz, Co-Head of Global Bonds, discusses the potential implications for investors. Transcript Chris Diaz: U.S. Tr...

The Bureau of Economic Analysis (BEA) piled on more bad news to the otherwise pleasing GDP headline for the first quarter. In its first revision to the preliminary estimate, the government agency said output advanced just a little less than first thought. This wasn't actually the substance of ...

The past year, 2018, is looking more and more likely to be the year of the peak in this last credit cycle. When I say credit cycle, I'm talking about overall credit. Based on the senior loan officer survey, which is a quarterly survey sent to US domestic banks asking about loan demand and th...

Back in the 1980s and 1990s, many people thought excessive government spending and the resulting debt would bring inflation or even hyperinflation. We wanted a hawkish Federal Reserve or, better yet, a gold standard to prevent it. Reality turned out differently. Federal debt rose steadily,...

Unlike most articles that have the President's name in the title, this note will not be political in nature but rather will discuss some facts regarding the trade dispute with China and our trading relationship with the rest of the world. I want to outline one of the problems that the admini...

By Robert Eisenbeis, Ph.D. In advance of the release of the FOMC's May minutes, speculation in the press and by financial market participants was that the Committee might cut the Federal Funds target rate. The main line of conjecture centered on how long the FOMC could continue to miss its...

Macro News European Elections: For the first time since the inception of the European Parliament, the two centre parties - the European People Party ((EPP)) and Socialists and Democrats (S&D) - have lost their combined majority on the back of a strengthening nationalist, liberal and gr...