Entering the 2016 election year, Washington seemed on the cusp of launching the first major federal infrastructure spending initiative since the construction of the interstate freeway system more than a half-century ago. Then hyperpartisanship overwhelmed Capitol Hill, including the divisions … Read More
In March, the COVID-19 pandemic caused an abrupt market sell-off, which was largely driven by technical factors, including severe illiquidity. In response, the Federal Reserve announced the creation or re-activation of various Fed-sponsored financing facilities to support the function of, … Read More
Despite late-cycle concerns after a decade of continuous growth, U.S. commercial real estate (CRE) appeared on track to extend positive performance through 2020. CRE benefited from a strong macroeconomic backdrop with low odds of recession and stable fundamentals while heading … Read More
During the first quarter, U.S. rates broadly rallied across most tenors. The two-year Treasury yield fell 132 basis points (bps) to 25 bps while the 10-year Treasury yield fell 125 bps to 67 bps as of March 31. Concurrently, credit … Read More
The onset of the COVID-19 pandemic earlier this year unleashed a worldwide public health crisis not experienced since the Spanish flu of 1918. Economic lockdowns ordered to slow the spread of the virus triggered an economic calamity in the U.S. … Read More
While of recent invention, the catch phrase “Smart Beta” represents an extension or evolution of “quantitative investment” techniques of decades-old lineage. The revolutionary movement lies in Smart Beta’s democratization of these techniques and making them transparent to investors.
By way of … Read More
DoubleLine has partnered with Professor Robert Shiller to create an equity offering. Can you describe the motivation for the strategy and how the DoubleLine Shiller Enhanced CAPE® Strategy enhances DoubleLine’s current suite of products?
First off, CAPE® stands for Cyclically Adjusted … Read More
Risk assets broadly rallied in the second quarter as global economies began to reopen amid the COVID-19 pandemic. Throughout the quarter, global central banks and governments enacted unprecedented accommodative fiscal and monetary policies in an attempt to counter the economic … Read More
What is mortgage forbearance and how do borrowers request forbearance?
Mortgage forbearance is an agreement between the borrower and the mortgage servicer to
temporarily suspend mortgage payments for a period of time. Missed payments are not forgiven
and the borrower must make those … Read More