China’s recovery from
the global economic
crisis of 2008 was
built on significant
Total Chinese debt is
believed to be $30
trillion, with consensus
building that something
must be done.
Mortgage-backed securities (MBS) may provide opportunity in a
challenging bond market environment.
Our analysis of earnings conference call transcripts for the first quarter
earnings period provides a mixed picture.
Job growth may be slowing, but when put in a broader context, it may also be at the height of its new potential.
Much work has been done on potential election year impacts for the stock
market, but little on interest rates and the bond market.