Chart of the Week
U.S. Economy: Storming Back?
The chart shows, from 12/31/2019 – 6/09/2020, the price level of the S&P 500 Index.
Mid Week Bond Update
Global Economy: Preventing a Depression?
Why the world’s central banks stepped in rapidly and in force.
Britain, the Bank, and Brexit
With the Bank of England likely to keep rates very low and increase asset purchases, UK gilt yields and corporate bonds appear well supported; less so, the British pound.
* Morningstar Award 2020?. Copyright 2020 Morningstar, Inc. All rights reserved.? Awarded to Legg Mason Western Asset Asian Opportunities Fund (Class A USD Acc) for Category Winner, Best Asia Bond Fund, Hong Kong.