Blogs

After decades in which Germany had a better fiscal situation than Spain, the IMF is now forecasting a reversal in...

Prime brokerage and repo borrowings have essentially doubled over the past two years, see chart below. Sources: The Office of...

Fewer than one in six US workers aged 45 to 54 contribute the maximum to their 401(k) accounts, see chart...

The historical relationship between the S&P 500 forward P/E ratio and subsequent 10-year annualized returns shows that investors should expect...

Why are long-term interest rates going up when the Fed is cutting rates, see the first chart? Is the market...

After the Fed started raising interest rates in 2022, more deals over $1 billion have moved from IPOs to private...

Forty percent of companies in the Russell 2000 Index have no earnings, see chart below. Sources: Bloomberg, Apollo Chief Economist...

A record-high share of total wealth in the household sector is owned by people that are more than 70 years...

A bank takes overnight deposits from checking accounts and lends them out for the next 10 years. This fundamental mismatch...

If the recent high-profile defaults were the beginning of a broader credit cycle, then default rates would be going up....