Payden & Rygel
Payden & Rygel 2023 Macro Outlook: Macro Memes & Mind Viruses
We call them narratives, memes, or mind viruses.
Why Emerging Market Debt?
After a challenging 2022, it is time for investors to look forward to opportunities. Emerging Markets (EM) debt stands out as one place where investors can potentially take advantage of an underutilized asset class that offers attractive yields and diversification.
Don’t Drink the Cool Aid that Bonds will Under-perform
by Jim Sarni of Payden & Rygel,
Don’t get too far ahead of yourself and drink the cool aid that bonds will underperform. Investor fears of higher interest rates have caused volatility, which we believe presents opportunities in the fixed income markets. Global central banks continue to intervene in the markets in such a way that natural market mechanisms cannot function properly.