Weekly View from the Desk
Seeing Hints of Peak Bearishness
PGIM Fixed Income reviews economic and market development assumptions made before the breakout of the Russia / Ukraine conflict.
PGIM Fixed Income analyzes the ECB’s recent policy decision to accelerate reductions in asset purchases.
The events unfolding in Ukraine over the past week have shocked and saddened the world. The human suffering is incalculable, and the financial and economic consequences of the war are already substantial and likely to grow. Watch the replay of our recent webinar, where PGIM brought together a host of experts to discuss the ongoing conflict and its ramifications.
In this recap, we summarize market performance and market moving news from the prior week.
The team explains why investor preference for growth stocks and the high level of companies with negative earnings continue to fuel the elevated spread.