Insights

The Price of Distrust ─ Part 2: The Costs of Political Interference at the Fed

by Tina Byles Williams and Adam Choppin | October 22, 2025 | Market Outlooks, Xponance^® Insights | 0 Comments

45 years of de facto Fed independence appears increasingly at risk. President Trump has already installed one Fed Governor, is attempting (possibly illegally) to dismiss another, and has triggered market speculation about his ability or willingness to even dismiss the Chairman. What does this mean for markets?

The Rise of Machines in ESG Investing

by Sumali Sanyal and Cameron McLennan | Dec 19, 2022 | Xponance^® Insights

This post explores the reasons behind the growing popularity of Artificial Intelligence (AI) and Machine Learning (ML), the opportunities that are available in using these techniques for ESG investing and the challenges encountered in using them.

The Power of Quality Investing

by Sumali Sanyal and Cameron McLennan | Nov 14, 2022 | Xponance^® Insights

While it is intuitively easy to understand that quality companies outperform in the long run, factors that fall in the Quality category often get less attention than the more popular Value and Growth factors. As we head into a slowing economy and possibly a recession amidst an inflationary environment, quality factors once again deserve the attention of investors.

U.S. Fixed Income: Q3 2022 Update

by Charles Curry Jr and Noel McElreath | Oct 14, 2022 | Xponance® Quarterly Reports, Xponance^® Insights

Three quarters of 2022 are in the books, and it is certainly three quarters fixed income investors would all like to forget. As has become our custom, we present a Market Scorecard to document what has occurred across fixed income markets. The numbers are breathtakingly bad and putting them (once again) in a historical context, the bond vigilantes have delivered on the worst three quarter stretch (for some sectors) ever. The broad corporate market, for example, has seen its worst three quarters in succession since inception of modern corporate indices. The same can be said for the broad US Treasury market. At this point, however, we are beginning to see the light at the end of the tunnel.