FJNK News and Press, Pacific Global Focused High Yield ETF From 08/18/22

We expect inflation to moderate to a lower level than where it is now by the end of the year, but still be uncomfortably above the Federal Reserve target. I believe there’s a good case to be made for investors getting into the market now; we just need to debate how and where. ...

Almost every month this year, the “discounts” on financial assets from their year-end 2021 prices have gotten larger, leaving the S&P 500 with its worst first half-of-the-year return since 1962 (narrowly avoiding its worst first half since the Great Depression). Ther...

July was the highest revenue generating month of 2022. The US hard to borrow equity market pushes revenues higher. Fixed income continues to see strong demand. Corporate bonds are in for an impressive 2022. Global securities finance revenues totalled $1.215 bln, ...

It appears the U.S. economy may be falling into recession - the business cycle has not been eliminated. Valuations outside the U.S. continue to look relatively attractive versus the U.S., especially in Japan. Credit spreads rallied over the past month or so and are once again in l...

Whether the U.S. is actually in a recession is debatable, but high inflation will affect companies both positively and negatively. The release of second-quarter Gross Domestic Product numbers late last month set off a debate around the state of the U.S. economy and whether it is curre...

Given the weight of the evidence from the past decade of market performance, it makes sense that stocks should perform better if the Fed pivots from monetary tightening. The stock market continues to perform when the Fed is lifting interest rates. What is clear is that the time to...

In the housing market, activity levels have come down as rates - mortgage rates in particular - have moved higher and changed the dynamic around affordability. As rates have moved, investment-grade corporates are a longer-duration asset class that has really borne the brunt of higher ...

Inventories have risen recently and there has been a lot of commentary about how this will negatively impact the economy. My brief overview of markets is that large growth stocks are still overvalued even as they led the recent rally. The sentiment about the economy is still quite...

Bonds went south in 2022 - all asset classes were negative, and investors received little benefit from international or non-US allocations (including EMs). As of June 30, according to Bloomberg data, EM credits were the worst-performing bond asset class YTD, returning -17.14%. The US ...

In the second quarter, we've seen double-digit negative returns across the fixed income landscape. For corporate bonds on the investment-grade side of things, we've seen spreads tick 160. A lot of what's going on right now is just the aftermath of a pandemic that's disrupted the h...