Artisan Canvas Header Background
Artisan Canvas
Your reply has been posted successfully!
    Publish
     
      • Latin America’s Pandemic Election Cycle

        29 June 2021   |  

        Featured Author: Meagan Nace
        Meagan Nace is an analyst on the Artisan Partners Sustainable Emerging Markets Team.

        In addition to the public health tragedy, the pandemic has been a source of significant economic and fiscal setbacks for Latin America—at a time when social discontent over inequality was already beginning to surface. While we see some signs of economic improvement, the pandemic led to drops in much-needed investment—foreign, corporate and government—while fiscal conditions have become further strained. Now, a series of elections will reveal what leaders and policies each country feels will help it move forward—with potentially significant implications for the region’s financial markets.

      • Laser-Eyed Focus on Value

        23 June 2021   |  

        This recent ransomware attack on America’s energy infrastructure has me concerned. Imagine the chaos if the clandestine cyberweapons market shutters America’s electrical power grid. I mean, how would Americans access their trillion dollars of crypto?!? How will I know if my friends have laser-eyed avatars and will get offended when I don’t accept bitcoin as barter for my backup generator?

      • Supply/Demand: Revenge Spending in Commodities

        18 June 2021   |  

        Supply/Demand is a semi-regular feature of the Artisan Canvas rounding up interesting and quirky subjects from across the Internet with a focus on economic and business trends. A good rule of thumb among the Artisan Canvas editorial staff is “never reason from a price change.” With that in mind, our latest edition of Supply/Demand.

        The price tags for (seemingly) everything have gone up, from electronics to cars to food—partly because commodities prices have also jumped. Some are related to pandemic recovery, particularly in China. For others, geopolitics are at play—again, also frequently related to China. Here are the commodities trends that caught our collective eye:

      • Inflation: Just Passing Through, or Here to Stay?

        11 June 2021   |  

        As the US economy fully reopens and folks are able to return to their traditional spending patterns (to what degree only time will tell), price increases for a number of goods and services should not be a surprise. Indeed, many have seen it coming for a while.

      • High Yield’s High-Quality Overhaul

        11 June 2021   |  

        While most segments of fixed income offer paltry yields with growing risk levels—either credit or interest rate—and valuations that are back to pre-pandemic levels, the high yield market remains one of the few areas that still provides positive real yields while benefiting from a credit quality mix that is at all-time highs. 

      • Finding Value in Disruption

        24 May 2021   |  

        Disrupted. Is there a better word to describe the past 12 months? Disrupted lives. Disrupted routines. Disrupted travel. Disrupted work. Disrupted education. Disrupted supply chains. Disrupted markets.

      • Turkey's Tricky Path Forward

        06 May 2021   |  

        In late March, Turkey’s President Recep Tayyip Erdogan fired the country’s central bank head Naci Agbal, along with his deputy 10 days later, making Agbal the third fired central bank leader in less than two years and curtailing his tenure at roughly four months. A former member of Parliament (and fellow member of Erdogan’s Justice and Development party), Sahap Kavcioglu, will assume the (historically perilously short-lived) role. 

      • Is Japan Back?

        30 April 2021   |  

        Perhaps you missed it, but Japan’s equity market is back to levels not seen since before its 1991 crash and subsequent lost decade—arguably decades. In March, the Topix Index reached a 31-year high and has since held up relatively well despite a resurgence in COVID-19 cases, a seemingly slow start to vaccinations, renewed business restrictions, an earthquake in February and the decision to hold the Tokyo Olympics at least without fans from abroad and possibly without any at all.

      • Give Me Shelter: What a Rising Rate Environment Might Mean for Credit Markets

        09 April 2021   |  

        With vaccination rates ramping and the economy beginning to emerge from its COVID-induced slowdown, the days of record-low interest rates are likely numbered—which raises questions about the broader fixed income environment. While rising rates could mean conventional fixed income areas are in for a relatively rough ride, they could also provide an interesting environment for high yield and leveraged loans, which have historically fared relatively well as rates rise thanks to some potentially overlooked considerations. 

      • A(nother) New Day in Italy

        04 March 2021   |  

        Stop us if you’ve heard this one before: A newly named Italian prime minister declares he will finally enact changes to the country’s bureaucratic and legal structures to get the third-largest EU economy rolling again. This time, it’s Mario Draghi—of euro-savior fame—who will also be coordinating efforts to secure €200 billion in funding from the EU’s inaugural stimulus package raising debt as an entity. Italy, whose economy has been deeply damaged by COVID-19, is set to receive more funds than any other country. If the EU plan is to succeed, Italy must arguably play a big part in the success.