Fixed Income

Building a Better Base Case for Fixed Income in 2013

"Building a Better Base Case for Fixed Income in 2013"
Abstract:
Report by Richard Oswald of JPMorgan Funds

"We begin the year with greater conviction in our macro base case, a muddle-through recovery. While prospects for breakout GDP growth have not appreciably improved, the threat of a global economic crisis has receded, thanks to coordinated central bank liquidity support and a rebound in the emerging markets.

Monetary Policy and the “Great Rotation” Debate, Demystifying Capital Reallocation

"Monetary Policy and the “Great Rotation” Debate, Demystifying Capital Reallocation"
Original Report by Rick Rieder of BlackRock Investment Institute

Highlights:

- While still mired in recession, both the Eurozone and Japan are showing signs of economic stabilization and market performance improvement; however, we believe these short-term gains mask longer-term troubles that cannot be ignored.