PAG Weekly

March 26, 2021 |Robert Ung
Global equity markets were modestly lower over the past week. The investing backdrop hasn’t changed much over the past month. The global economy has been resilient and investors expect growth to strengthen as the year progresses despite renewed concerns...
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PAG Weekly

March 19, 2021 |Robert Ung
All eyes were on the U.S. central bank this past week. And investors got what they were hoping for as the Federal Reserve reassured them that they have no plans to change policy any time soon. Nevertheless, bond markets continued to sell off, while parts...
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PAG Weekly

March 12, 2021 |Robert Ung
The upward pressure on bond yields that had been so notable of late was less pronounced over the past week, driven by a confluence of factors that we explain below. Meanwhile, trends on the virus front have deteriorated. The next wave of the pandemic...
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PAG Weekly

March 05, 2021 |Robert Ung
The narrative in the global markets hasn’t changed much over the past few weeks. The volatility in bond markets, caused by growing inflation concerns, continues to be the central issue of focus for investors. This has led to some weaker equity market...
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