The Fed’s new long-run strategy departs fundamentally from its prevailing orthodoxy, so much so that it is hard to understand why “longer-run” remains in the title. Click here for access to the PDF.
Worldwide IT security spending continues to grow as businesses seek to avoid the reputational and other risks associated with increasingly sophisticated cyberattacks. Thorough analysis of a security’s ESG profile is critical in order to highlight potential cybersecurity risks as well as the mitigation steps a company may have taken.
Since Covid-19 changed the world as we know it, everything from campaigning to voting has materially changed. From voter registration—to the process of voting itself—traditional processes to pick a president have been upended in unprecedented new ways, according to Chris Lucas, director of government affairs at BNY Mellon.
While both President Donald Trump and former Vice President Joe Biden have pledged to ramp up infrastructure spending if they win the election, their plans hold some notable differences. However, because renewed infrastructure is a primary goal of both candidates, Mellon portfolio manager Jim Lydotes explains why a Roosevelt style “New Deal” may be on the horizon to help stimulate the economy.
The price of gold has been on a tear since rebounding from a 10% decline in early March.¹ While the metal has been known as a safe haven during times of economic stress, there’s more to its rally than that, according to Catherine Doyle, investment specialist on Newton’s Real Return team.
In late August, we caught up with Insight fixed income fund manager Gautam Khanna to hear his view on the long-term implications of quantitative easing. In this extended Q&A, he discusses central bank intervention, the prospect of inflation and how the stimulus will be financed.
With the Federal Reserve (Fed) recently announcing the central bank would shift to a new policy framework of flexible average inflation targeting, Insight fixed income fund manager David Hooker asks: What are the implications for investors?
A raft of recent US investment grade bond downgrades amid waves of market volatility is creating a potentially ripe area of investment in so-called fallen angels, say Mellon head of fixed income efficient beta Paul Benson and senior portfolio manager Manuel Hayes.
How will Covid-19 affect emerging markets? That the was the topic of conversation between economist Shamik Dhar and fund manager Colm McDonagh in this Q&A.