Podcasts

Rates Up, Earnings Next

US services ISM and consumer sentiment will test the resilience of activity as higher energy prices and borrowing costs weigh on households.

US labour markets take centre stage: September payrolls, JOLTS and ADP will test hiring momentum, while ISM manufacturing and consumer confidence will gauge the resilience of activity and spending.

When climate indices disagree, is the gap simply noise - or a risk that credit markets price? This paper connects academic research with investment practice to explore climate beta uncertainty in US and European corporate bonds.

AI’s infrastructure boom is drawing some of the world’s largest technology companies deeper into debt markets.

Leadership transitions can affect strategy execution, organisational stability, investor confidence and long-term value creation. Yet effective leadership governance goes beyond selecting the right CEO today. Boards also need to anticipate the leadership capabilities their company will require for its next strategic phase.

Credit markets have remained resilient, with yields still at interesting levels. But tight spreads, rising bond issuance and growing dispersion mean selectivity is becoming increasingly important.

Credit markets have spent the summer displaying an almost improbable degree of composure. Renewed tensions around the Strait of Hormuz, disruption to tanker traffic and sharp swings in oil prices repeatedly unsettled rates markets, while the continuing war in Ukraine has ensured that geopolitical risk never receded far from view.