Calamos Investment Team Outlooks, April 2021

John P. Calamos, Sr., Jon Vacko, Joe Wysocki, Eli Pars, Matt Freund, Christian Brobst, Charles E. Carmody, John Hillenbrand, Brandon M. Nelson, Nick Niziolek, Dennis Cogan, Paul Ryndak, Kyle Ruge, Michael Grant, Brad Jackson, Michael Kassab, Bill Rubin
April 19, 2021

The first quarter of 2021 delivered new challenges for investors, including rotational markets, rising interest rates and mounting inflation pressures. Senior members of our investment organization share their outlooks and discuss how they are positioning the Calamos funds to navigate the crosscurrents. With an introduction from John P. Calamos, Sr., Founder, Chairman and Global Chief Investment Officer.

Read Post

As Long-Term Interest Rates Rise, Here’s What Investors Should Be Thinking About

John P. Calamos, Sr., Founder, Chairman and Global Chief Investment Officer
March 19, 2021

After years of artificially low interest rates and inflation, it’s understandable that some investors are disoriented by the current headlines—and worried about what to do next. Drawing on more than 50 years of investment experience, John P. Calamos, Sr. shares his perspective on inflation, rising 10-year U.S. Treasury yields, market volatility and rotation—and the implications for asset allocation.

Read Post

Strengthening Tailwinds for High Yield Bonds

Matt Freund, CFA, and Christian Brobst
March 4, 2021

We are optimistic about the high yield market, where we see falling default rates, a supportive technical backdrop and pockets of value. These are opportunities can be maximized with active, risk-conscious security selection.

Read Post

2021 Outlooks from the Calamos Investment Team

John P. Calamos, Sr., Matt Freund, Brad Jackson, Michael Kassab, Bill Rubin, Michael Grant, Jon Vacko, Joe Wysocki, Eli Pars, Brandon M. Nelson, Charles E. Carmody, Christian Brobst, Nick Niziolek, Dennis Cogan, Paul Ryndak, Kyle Ruge
January 26, 2021

Senior members of our investment organization discuss their outlooks, the opportunities and risks they see, and how they are positioning the Calamos funds. With an introduction from John P. Calamos, Sr., Founder, Chairman and Global Chief Investment Officer.

Read Post

The Fed Rate Cut Is Met with an Unprecedented Reaction in Bonds: What’s Next?

Fixed Income Perspectives by Christian Brobst
March 3, 2020

The Fed caught markets off guard with a surprise short-term rate cut. While the Fed intended to lessen market worries, the immediate-term effect has been the opposite. Has the Fed done more harm than good, and what should investors do next? We see a market environment that will favor active, non-traditional approaches.

Read Post

The Opportunity of Preferred Securities

Fixed Income Perspectives by Matt Freund, CFA and Christian Brobst
February 21, 2020

This is an environment where investors are well served by enhanced diversification into asset classes that play at the edges of traditional style boxes. The preferred securities market offers many opportunities for risk-conscious investors seeking income and the potential for total return.

Read Post

Short and Sweet: The Opportunity of Short-Term Bonds

Fixed Income Perspectives by Matt Freund, CFA and Christian Brobst
February 20, 2020

Over recent years, many investors have stretched for additional return by increasing risk. The volatility we’ve seen so far this year may make “risk-on” a less comfortable strategy in the future. For investors seeking to smooth out the bumpier ride we expect, short-duration bonds can be a good way to reduce risk while staying invested.

Read Post

Why Do Inflation Targets Matter?

Fixed Income Perspectives by Christian Brobst
August 16, 2019

If you follow the news about central banks, either domestic or foreign, you have probably noticed an increased effort by central banks to achieve core inflation targets. So why do inflation targets matter? In the end, it really comes down to how people and businesses make decisions about expenditures that drive economic growth.

Read Post

The Underappreciated Swap Curve: A Closer Look

Fixed Income Perspectives by Christian Brobst
December 4, 2018

Over recent days, U.S. interest rate curves have moved rapidly toward inflection points. In this post, we take a look at what investors should watch, and how interest rate curves can be used to gauge the psyche of the market.

Read Post