Implications of a U.S.-China Trade Deal: Who Wins? Who Loses?
In this essay, PGIM Fixed Income provides some perspectives on a U.S.-China trade deal, looks closely at the behavior of the U.S.-China trade imbalance, and how a trade agreement might affect the imbalance going forward.
The U.S. Automotive Industry: Downshifting but Still Moving Forward
In this white paper, PGIM Fixed Income analyzes current auto cycle fundamentals and discusses the risks and opportunities in the nascent era of increasing electrification, autonomy, and shared mobility.
University and Hospital Municipals: Taxable Supply Continues at a Steady Clip
In this paper, PGIM Fixed Income explores the incentives for universities and hospitals to issue taxable over tax-exempt debt, the rationale for continued issuance in these sectors, and the advantages of diversification into municipal credit for taxable debt investors.
While Global Growth Remains at Risk, Recession is Unlikely
Despite a shift in investor sentiment, global growth remains at risk. In the latest volume of quarterly outlooks, PGIM’s leading macroeconomic and investment experts share their insights on geopolitical risks, central bank dovishness, the potential rebound of the Chinese economy, and much more.