LPETTET After a brief relief rally earlier this week, Treasuries have resumed bear steepening on the back of more fiscal concerns and a stronger-than-expected core inflation print. Barring a prolonged oil price spike driven by the ongoing geopolitical turmoil, though, the upside surprise in consumer inflation shouldn’t alter the future rate hike path. Digging deeper,…
KanawatTH The 2023 Principal Global Financial Inclusion Index indicated that despite many economies navigating through a period of supply-side shocks, heightened inflation, and the consequent adjustments in interest rates, financial inclusion is improving on a global level. For investors, financial inclusion is tightly correlated to economic resilience, human development, and productivity, and could be read…
domin_domin About a year ago, I wrote a cautious article on the Allspring Global Dividend Opportunity Fund (NYSE:EOD). Although the EOD fund had earned modest 10Yr average annual returns of ~3%, it was paying an 11% distribution yield. The gap between the fund’s earnings power and distribution was unusually wide and I worried that the…
Matt Winkelmeyer A recent Odd Lots podcast with Bill Gross reminded me of my personal hobby of reviewing investment funds ‘managed’ by the famous investor, Jeff Gundlach. To be honest, having reviewed at 4 or 5 Doubleline funds in the past few months, I am quite disappointed by what I see. The Doubleline Opportunistic Credit…
pcess609 Research Brief In today’s analysis, I cover a well-established firm in the financials sector again. Principal Financial (NASDAQ:PFG), which had their Q2 earnings release recently in late July, operates three key business segments: retirement, asset management, benefits & protection. Some key points to mention from their website: roots in 1879 as an insurance company,…