Bulletins & Research

Currency Bulletin

April 5, 2016

In this piece, CIO Jonathan Lewis and Senior Vice President of Quantitative Strategies, Iraj Kani discuss the impact of FX volatility and the US dollar rally.  Bulletin Highlights: Currency markets have recently been a major source of market instability globally, as evidenced by the ripple effects of China’s surprise devaluation of its currency. As a […]

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Bulletin: Fed at Lift-off: How Markets Responded to Previous Tightening Cycles

January 8, 2016

In this piece, Senior Portfolio Manager Brian Meaney explores how prior rate hiking cycles have impacted markets. Bulletin Summary: During each rate hike, unemployment declined and inflation rose. Stocks generally had positive performance in each period. TIPs outperformed nominal Treasuries in prior cycles. We believe investors can be rewarded by evaluating and questioning the conventional […]

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Bulletin: High Grade Corporate Event Risk

November 20, 2015

In this piece, Corporate Credit Research Vice President Miriam Legrand reviews how Samson navigates growing event risk in the corporate sector. Bulletin Summary: Event risk, largely influenced by shareholder activists, has been growing in the corporate sector. Shareholder activism, primarily in the form of share buy-back activity, corporate restructuring and mergers and acquisitions, has recently […]

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Bulletin: The Fed, Wall Street, Indecision, and Bonds

October 23, 2015

In this piece, Portfolio Manager Joseph Abraham reviews the determinants of the Federal Reserve’s interest rate policy and responses both on Wall Street and the US bond market. Bulletin Highlights: Low levels of inflation and job creation relative to the Fed’s targets significantly reduced support for a rate hike in the third quarter of 2015. […]

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Market Bulletin

July 9, 2015

In this piece, Samson CIO Jonathan Lewis discusses the FOMC minutes, recent events in global markets, and their implications for the Fed and interest rates. Please click on the link below to download the commentary.

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Currency Bulletin: Is the US Dollar Rally Nearing an End? Part Two

May 14, 2015

Written by Samson’s CIO, Jonathan Lewis and Iraj Kani, our Quantitative Strategist, this piece is a follow up to our March currency bulletin and discusses the recent dollar sell-off and why it may continue. Bulletin Highlights: In our March currency bulletin, we shared our view that the dollar would likely begin “a meaningful correction” as […]

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Bulletin: Understanding the Inflation Puzzle

April 2, 2015

In this piece, Portfolio Manager Brian Meaney reviews the current inflation picture in the US and how it relates to the economy and a possible Federal Reserve rate hike. Bulletin Summary The US economy has seen positive growth and falling unemployment, but inflation has been quite low. Easy monetary policy and falling unemployment have not […]

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Currency Bulletin: Is the US Dollar Rally Nearing an End?

March 31, 2015

Written by Samson’s CIO, Jonathan Lewis and Iraj Kani, our Quantitative Strategist, this piece analyses the impact of Fed’s March 18th Federal Open Market Committee (FOMC) announcement on the future direction of the dollar, and discusses the character of the recent dollar rally itself. Bulletin Highlights: Until the Federal Open Market Committee’s (FOMC) announcement on […]

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A Friendly Debate on the Fed Funds Rate

February 19, 2015

The primary question on fixed income investors minds this year (and last year…and the year before that…) is – will this be the year interest rates finally rise? In order to fully explore the possible answers to that question, two of the finest minds at Samson took on the task of arguing the opposing views […]

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Corporate Bulletin – December 2014

December 19, 2014

As we head towards year-end the recent sharp decline in the price of oil, a surge in corporate issuance, and a decline in overall market liquidity have all contributed to wider spreads for investment grade corporate bonds and high yield. For your interest, we have written our Samson Corporate Strategy Bulletin which discusses the current […]

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