Article list

Interest rates: near a low in long-bond yields  “The eight-month plunge in 10-year U.S. treasury bond yields is likely over. Yields will slowly work higher into year-end. At some point, rising interest rates will become a problem for stock and credit markets, likely late next year or in 2021.  “For 35 years, yields on 10-year U.S. […]

Principal’s Chief Global Economist, Dr Bob Baur, looks at how global markets fared in March. World economic outlook: green shoots “Stock markets plunged in December as evidence began to accumulate that a recession might be around the corner. Growth in China slowed significantly throughout 2018 and the fourth quarter rebounds in Europe and Japan were […]

Market outlook: Is the monster rally over? “Last month, I suggested the odds favored another market downdraft, something approaching December’s lows. Didn’t happen; stocks kept roaring higher. The S&P 500 Index soared 6.6% in December, 7.9% in January, and 3.0% in February, for a total 18.4% compound gain since Christmas. That’s an amazing run. Of […]

Principal Global Investors’ Chief Global Economist, Bob Baur, takes a look at how Trump’s sanctions and a threat of tariffs on Turkish exports to the US are propelling the downdraft 17 August 2018 Trade, Turkey, Tariffs, Trump and turmoil “The currency had already been weakening this year, along with emerging economies in general, on account […]