The evidence shows that, from a public policy perspective, when resources are scarce, hosting the Olympic Games does not seem to be the best deal
For the time being, it is hard to think that the market alone will continue with rate rallies without a more committed Fed on the way to easing interest rates.
In our 2024 Asset Allocation Outlook, bonds emerge as a prominent asset class.
Market conditions have pushed Agency MBS valuations to historically low levels, making them an attractive investment.