Outlooks

Economic Outlook, April 2019
Economic Outlook, April 2019 April 18, 2019

Although we see tailwinds for economic growth and opportunities across asset classes—including in growth equities, convertibles and high yield bonds—conditions require a highly selective approach. Volatility and sideways moving markets will characterize this phase of the economic cycle, due to a wide range of entrenched global uncertainties. Given the crosscurrents in the economy and markets, risk-managed alternative strategies can provide timely enhancements for both the equity and fixed income sides of an asset allocation.

Email Twitter Facebook LinkedIn
Economic Outlook, January 2019
Economic Outlook, January 2019 January 28, 2019

The Calamos Investment Committee shares its perspective on the global economy and markets. Although there will be softening in U.S. economic data, the U.S. is positioned for continued slow expansion. The global economy will grow tepidly, with increased potential for acceleration in the second half of the year. Volatility will remain elevated, due to softening global economic data, and elevated political, geopolitical and monetary policy uncertainties.

Email Twitter Facebook LinkedIn
Outlook October 2018
Economic Outlook, October 2018 October 18, 2018

Economic fundamentals are encouraging but market volatility is likely to intensify. The U.S. economy looks set to continue on its growth trajectory for the next year, if not longer, and we expect growth outside the U.S. to accelerate. Even so, rising interest rates in the U.S., midterms and geopolitical pressures will contribute to elevated levels of market turbulence. The Calamos Investment Committee discusses how our teams are navigating the crosscurrents.

Email Twitter Facebook LinkedIn
Economic Outlook, July 2018 July 23, 2018

Fears of an imminent U.S. recession are premature; tax policy and a more business-friendly regulatory environment provide long-term catalysts for the economy. Although conditions outside the U.S. are less encouraging, positive global growth should continue, albeit with growing divergence among countries. The need for active risk management has increased at this point of the economic cycle, and we believe the Calamos portfolios are well positioned.

Email Twitter Facebook LinkedIn
Economic Outlook, April 2018 April 13, 2018

Volatility has returned to the markets in dramatic fashion. The shifting terrain may be jarring for some, but the conditions we are seeing today are more normal than recent years, when investors grew accustomed to record low interest rates, a near-absence of inflation and the subdued volatility. As a more typical environment emerges, our teams are identifying opportunities across asset classes.

Email Twitter Facebook LinkedIn
Economic Outlook, January 2018 January 17, 2018

In 2018, many positive economic tailwinds set the stage for additional upside in stocks and other equity-sensitive assets, including convertible securities and high yield bonds. However, investors should not be surprised if volatility begins a slow return to its longer-term trend.

Email Twitter Facebook LinkedIn

Commentary

Investor Insights December 21, 2018

In this edition of our investor newsletter, John P. Calamos, Sr. discusses asset allocation strategies for the New Year. He explains why investors may wish to enhance their exposure to defensive equity strategies and the different approaches Calamos offers, including alternative and convertible funds.

Email Twitter Facebook LinkedIn
The Case for Strategic Convertible Allocations September 14, 2018

John P. Calamos, Sr. and Eli Pars discuss the role of convertible securities within portfolios, the value of active management, and encouraging global trends within the convertible market.

Email Twitter Facebook LinkedIn
Reasons to Look Forward to 2018 February 01, 2018

John P. Calamos, Sr. discusses economic and policy trends that can provide tailwinds to the markets.

Email Twitter Facebook LinkedIn
The Longer-Term Opportunity in Emerging Markets September 29, 2017

Our Global Equity Team discusses trends supporting the potential for sustained outperformance in emerging market equities over the next three to five years.

Email Twitter Facebook LinkedIn
Perspectives on Fixed Income: “Thinking Outside the Box” to Achieve Long-Term Results September 29, 2017

Co-CIO and Head of Fixed Income Strategies Matt Freund, CFA, discusses the Calamos approach to fixed income and its key differentiators. He also shares his view of fixed income opportunities in the current environment.

Email Twitter Facebook LinkedIn
Easing Global Headwinds Point to Higher Equities in 2017 January 24, 2017

Michael Grant, Sr. Co-Portfolio Manager of Calamos Phineus Long/Short Fund, discusses how populism, monetary policy, and a new U.S. presidential administration shape his team’s outlook for the global economy and markets. He also explains how the fund is positioned to capitalize on reflationary tailwinds.

Email Twitter Facebook LinkedIn
Positioning for the Late Stages of the Bull Market: 2017-2018 September 27, 2016

Michael Grant, Sr. Co-Portfolio Manager of Calamos Phineus Long/Short Fund, shares his team’s views on why they see more optimistic storylines on the horizon and how macro considerations are influencing the fund’s positioning.

Email Twitter Facebook LinkedIn
Tracking the Growth Catalysts in Emerging Markets September 21, 2016

Co-CIO Nick Niziolek explores the trends influencing emerging markets equities, including market fundamentals and secular growth themes.

Email Twitter Facebook LinkedIn
Does This Emerging Market Rally Have Legs? August 05, 2016

Our Global Equity Team discusses a combination of conditions we see that could support EMs over the next year and beyond.

Email Twitter Facebook LinkedIn
EM Bounce or Rally? The Way Forward March 26, 2016

With the emerging markets rallying since late January, Nick Niziolek, CFA, Co-CIO provides an emerging markets update and discusses where the team is finding opportunities for our selective approach.

Email Twitter Facebook LinkedIn
Identifying Global Growth Opportunities Through a Thematic Lens March 14, 2016

Nick Niziolek and Dennis Cogan explain why an emphasis on secular themes is integral to our global growth investing approach.

Email Twitter Facebook LinkedIn
Fine-Tuning Exposure to Emerging Economies March 10, 2016

We believe EMs offer tremendous long-term growth potential but selectivity is critical. Our approach is differentiated by our focus on revenue mapping and secular growth themes, as well as our opportunistic use of convertibles.

Email Twitter Facebook LinkedIn