- Macro Economic Perspectives
- Fixed Income Opportunities
- Liability Driven Investing
- Interest Rates
- The Low Ranger
- What Went Up, Came Down
- Economic Recovery: No Death Knell for Bonds
- Economic Recovery Creates Opportunities in Bonds
Robert Tipp, Chief Investment Strategist, Prudential Fixed Income, September 2013
This paper, authored by Robert Tipp, is entitled The Low Ranger. The paper takes a long term perspective, considering historical trends and the current economic backdrop, in forecasting our outlook for interest rates and the investment implications for fixed income.
Robert Tipp, Chief Investment Strategist, Prudential Fixed Income, August 2011
The last few years of low interest rates have been like an exclamation point at the end of a three-decade bull market. So what should we expect to happen next? Many market analysts and pundits anticipate that rates will eventually move back to a higher range, especially given continued fiscal laxity. However, based on historical factors and events, we conclude that the wait for much higher interest rates might prove futile.
Robert Tipp, Chief Investment Strategist, Prudential Fixed Income, October 2009
It's all but official. Global economic recovery is now underway. Improvements in leading indicators have finally translated into economic growth, helped by a deluge of policy stimulus. Consumers responded enthusiastically to the Government's cash-for-clunkers program, manufacturing has picked up from rock-bottom levels, and even the housing market, the the lightning rod for the recession, has improved.
Robert Tipp, Chief Investment Strategist, Prudential Fixed Income, December 2003
While conventional wisdom would suggest that the US economic recovery will put steady upward pressure on interest rates, this time may be different. Unlike the economic recoveries of the 1980s and 1990s, a host of factors in place today should keep long-term interest rates lower during this recovery than during most of the past thirty years. As a result, plan sponsors may continue to reap both solid returns and diversification benefits from their fixed income allocations.