Insights

Explore Insights

Article
August 7 2019
Markets/Economy . Politics .
Article Is 'Medicare for All' a panacea? Philip Orlando
August 16 2019

Some argue a more moderate, incremental approach to fixing health care is better.

August 16 2019
Equity . Markets/Economy .
Article 16 trillion dollars and counting Linda Duessel
August 16 2019

There could be many reasons for the yield-curve inversion. More than $16 trillion of negative-yield global debt is certainly among them.

August 13 2019
Equity . Markets/Economy .
Article The other big deal on global trade Joseph Cerqua
August 13 2019

New rules getting rid of 'dirty' fuel used in shipping could boost refiners.

August 9 2019
Equity . Markets/Economy .
Article Which way will it break? Linda Duessel
August 9 2019

Is this soft patch and sell-off an omen of things to come or a pause that refreshes? For now, the evidence suggests the latter.

August 7 2019
Markets/Economy . Politics .
Article Is Social Security a ticking time bomb? Philip Orlando
August 7 2019

Solutions for avoiding insolvency involve shared sacrifice and political compromise.

August 14 2019
Politics . Markets/Economy .
Article Myths and other sea monsters on the slow boat to China Stephen Auth
August 6 2019

If one does the math, it's difficult to see how U.S. consumers will be hurt by new tariffs on China. It's easier to see how China, with its response, may end up hurting itself.

August 14 2019
Equity . Markets/Economy .
Article Where to from here? Steven Chiavarone
August 6 2019

Fed disappointment and Trump tariff threat spark volatility, but the longer-term story on stocks remains a good one.

August 7 2019
Markets/Economy . Equity .
Article Solid July jobs report Philip Orlando
August 2 2019

A healthy report does not dissuade the Fed from another rate cut.

August 13 2019
Fixed Income .
Article What's next for bonds? William Ehling
August 1 2019

Considerations for a changing rate environment.

August 6 2019
Liquidity . Monetary Policy .
Article Searching for neutral Deborah Cunningham
August 1 2019

Rate cut shows Fed still unsure of the right policy level.

July 31 2019
Monetary Policy . Interest Rates .
Article Fed cuts rates by a quarter percentage point Donald Ellenberger
July 31 2019

Rate cut seen as preventative medicine in the face of global uncertainties.

July 29 2019
Politics . Equity .
Article Lots and lots and lots and lots and lots of popcorn Linda Duessel
July 30 2019

As Democratic hopefuls get set for round two, Linda explores how the election season may shape up and potentially impact stocks.

August 6 2019
Equity . Markets/Economy .
Article Sometimes no news is good news Stephen Auth
July 29 2019

As breathtaking as the market’s 20%-plus rise has been from December’s panicky low, it seems all the market needs to grind higher is no news.

July 26 2019
Markets/Economy . Equity .
Article Growth stronger than expected Philip Orlando
July 26 2019

GDP was boosted by retail sales, personal consumption and government spending.

July 26 2019
Equity . Markets/Economy .
Article Fresh air, and things seem so clear Linda Duessel
July 26 2019

A visit to Colorado helps Linda make sense of the Fed and the markets.

July 25 2019
Fixed Income . Taxes .
Article High-yield muni winning streak debunks naysayers Lee Cunningham
July 25 2019

Concern over the size of high-yield muni debt is unwarranted.

July 19 2019
Equity . Markets/Economy .
Article Rock, Fed, Hard Place: Ounce of prevention worth a pound of cure Philip Orlando
July 19 2019

A more dovish Fed is among the reasons Federated is sticking with 2019's 2.7% GDP growth forecast.

July 26 2019
Equity . Monetary Policy .
Article Make it a double Linda Duessel
July 19 2019

The Fed is sending signals that July's expected rate cut could go beyond a quarter point.

August 5 2019
Interest Rates . Liquidity .
Article 3 Questions: Federated Ultrashort Bond Fund Randall Bauer
July 16 2019

Fed rate cuts shouldn't affect the way this strategy works.

July 18 2019
Equity . Markets/Economy .
Article What is MMT? Linda Duessel
July 12 2019

It stands for Modern Monetary Theory, an in-vogue populist policy that's not much concerned with deficits.

July 12 2019
Equity . Markets/Economy .
Article Are higher minimum-wage trade-offs worth it? Philip Orlando
July 12 2019

The benefits may not exceed the costs of raising the minimum wage.

July 23 2019
Fixed Income . Interest Rates .
Article Finding pockets of opportunity Robert Ostrowski
July 11 2019

We're looking to the yield curve, currencies and security selection for alpha.

July 22 2019
Fixed Income . Interest Rates .
Article Be careful about BBB downgrade mania John Gentry
July 9 2019

Only 0.1% of investment-grade companies defaulted in the last 35 years.

July 17 2019
Equity . Markets/Economy .
Article Will hot June jobs report chill Fed? Philip Orlando
July 5 2019

Jump in payrolls raises questions about market's priced-in Fed cuts.

July 15 2019
Equity . Markets/Economy .
Article Firework Linda Duessel
July 3 2019

Celebrating our country's birth and this record-setting expansion.

July 22 2019
Equity . Markets/Economy .
Article The slow boat to China catches a tailwind(s) Stephen Auth
July 1 2019

We're cautiously bullish on stocks this summer but see potential storm clouds.

July 16 2019
Monetary Policy . Liquidity .
Article Gut check time Deborah Cunningham
July 1 2019

We don’t think this business cycle has run its course.

July 15 2019
Equity . Markets/Economy .
Article I'm going to need more popcorn Linda Duessel
June 28 2019

The election season is adding to uncertainties, but that's not such a bad thing.

July 15 2019
Markets/Economy . International/Global .
Article Taking some equity chips off the table Philip Orlando
June 28 2019

Federated takes advantage of strong June, pares equity overweight in stock-bond model amid uncertainties.

July 15 2019
Politics . Fiscal Policy .
Article Election Special: Democrats take center stage Philip Orlando
June 25 2019

A long list of Democratic presidential hopefuls will be debating the next 2 nights.

July 15 2019
Equity . Markets/Economy .
Article Why the markets liked the Fed's inaction Philip Orlando
June 21 2019

And why they likely won't if the Fed doesn't cut rates later.

July 15 2019
Equity . Markets/Economy .
Article The real, true trade war Linda Duessel
June 21 2019

It's all about technology and brainpower.

July 15 2019
Monetary Policy . Interest Rates .
Article Amid uncertainties, Fed loses 'patience' Susan Hill
June 19 2019

Fed holds off for now but signals rate cuts are at the ready.

July 15 2019
Equity . Markets/Economy .
Article He's got it going on Linda Duessel
June 14 2019

All the angst over tariffs and trade belies a consumer who is doing just fine.

July 15 2019
Equity . Markets/Economy .
Article View from the leaky boat to China Stephen Auth
June 13 2019

The journey toward a trade deal has been turbulent, but we eventually expect to see land and another up-leg for stocks.

July 15 2019
Equity . Markets/Economy .
Article Opportunities abound as automakers go green Eric Triplett
June 11 2019

Increasingly smarter, eco-friendly cars require continuous tech updates.

July 15 2019
Markets/Economy . Politics .
Article Revisit immigration reform Philip Orlando
June 10 2019

Major changes must be made to address the decreasing birth and fertility rate in the U.S.

July 15 2019
Equity . Markets/Economy .
Article Bizarro investment world Philip Orlando
June 7 2019

May's jobs report was a downer, so why are the markets so upbeat?

July 15 2019
Equity . Markets/Economy .
Article An 'insurance' cut? Linda Duessel
June 7 2019

Profits, margins and valuations look attractive regardless of what the Fed may or may not do.

July 15 2019
Fixed Income .
Article Where do yields go from here? R.J. Gallo
June 6 2019

Events in coming weeks may determine if yields have further to fall.

July 15 2019
Equity . Global Diversification .
Article 3 Questions: Federated Hermes Global Equity Fund Geir Lode
June 6 2019

The fund favors developed and emerging-markets companies with competitive advantages, sustainable business models and responsible governance.

July 15 2019
Liquidity . Monetary Policy .
Article Investors shouldn't go looking for trouble Deborah Cunningham
June 1 2019

Investors are overreacting to the flattening of the short end of the yield curve.

July 15 2019
Markets/Economy . Politics .
Article The slow boat to China develops a leak Stephen Auth
May 31 2019

Using tariffs to address a non-trade issue with Mexico creates a destabilizing undertow.

July 15 2019
Markets/Economy . Equity .
Article Geopolitical risks abound Philip Orlando
May 31 2019

But we reject the pervading pessimistic view about the U.S. economy.

July 15 2019
Politics . Fiscal Policy .
Article I'm loading up on the popcorn! Linda Duessel
May 29 2019

The coming Democratic debates kick off what promises to be a very interesting 2020 presidential election season.

July 15 2019
Markets/Economy . Equity .
Article Amid a flurry of risks, U.S. GDP should chug along Philip Orlando
May 24 2019

Despite slowing manufacturing, ugly U.S.-China trade talks, Brexit mess and more, 2019 GDP likely to be solid.

July 15 2019
Politics . International/Global .
Article Will populism remain popular? Linda Duessel
May 22 2019

This week's European Parliament elections could provide guidance on the question.

July 15 2019
Equity . Markets/Economy .
Article The slow boat to China Stephen Auth
May 21 2019

Our melt-up scenario has melted with the prolonged trade talks, but not our longer bullish view on the year.

July 15 2019
Equity . Markets/Economy .
Article Mid-caps: The Goldilocks asset class? John Ettinger
May 21 2019

When it comes to stocks, the "middle ground'' doesn't have to mean ho-hum.

July 15 2019
Markets/Economy . Consumer Spending .
Article Consumers stronger than they appear Philip Orlando
May 17 2019

Shoppers shrugged off several issues causing 'Mapril' retail sales to be solid.

July 15 2019
Markets/Economy . Fixed Income .
Article Credit markets (relatively) calm Chengjun (Chris) Wu
May 16 2019

The U.S.-China trade fracas has not roiled credit markets.

July 15 2019
Monetary Policy . Interest Rates .
Article I had a major crush on Davy Jones Linda Duessel
May 14 2019

Many reasons to expect inflation to remain low for longer (... Jones? Think The Monkees).

July 15 2019
Equity . International/Global .
Article What's next? Peter Smith
May 14 2019

"Trust but verify," an iconic message of the Reagan era, is just as apt today when it comes to the U.S.-China trade war.

July 15 2019
Markets/Economy . Politics .
Article He said, Xi said Philip Orlando
May 10 2019

U.S.-China trade negotiations have gotten testy, but a resolution likely will be reached, calming market angst.

July 15 2019
Markets/Economy . Politics .
Article Take a breath Steven Chiavarone
May 10 2019

We still expect an eventual trade deal and view interim market messiness as an opportunity.

July 15 2019
Equity . Markets/Economy .
Article Ballast Linda Duessel
May 10 2019

With volatility rising on trade uncertainty, investors may desire some stability.

July 15 2019
Markets/Economy . Equity .
Article Strongest labor market in half a century? Philip Orlando
May 3 2019

April sees surprisingly strong jobs gain, near 50-year low in jobless rate.

July 15 2019
Equity . Markets/Economy .
Article You're either a Disnoid or you're not Linda Duessel
May 3 2019

Linda, who isn't (her sister is), sees potential trade-war surprises as risks to an otherwise bullish backdrop.

July 15 2019
Liquidity . Monetary Policy .
Article Investors also must be patient Deborah Cunningham
May 1 2019

The markets are looking (too hard) for guidance from the Fed.

July 15 2019
Monetary Policy . Interest Rates .
Article Slow news day at the Fed Donald Ellenberger
May 1 2019

Policymakers hewed to their policy of 'patience.'

July 15 2019
Equity . Markets/Economy .
Article First-quarter growth much better than feared Philip Orlando
April 26 2019

Q1 GDP growth was driven by stronger inventory and net trade.

July 15 2019
Equity . Markets/Economy .
Article Bad axe women Linda Duessel
April 26 2019

Some sectors face headwinds but earnings and the economy remain supportive.

July 15 2019
Equity . Global Diversification .
Article 3 Questions: Federated Hermes Global Small Cap Fund Hamish Galpin
April 25 2019

The fund searches the world for companies with enduring competitive advantages for its concentrated portfolio.

July 15 2019
Markets/Economy . Equity .
Article Soaring retail sales point to GDP rebound Philip Orlando
April 18 2019

On continued benign inflation and strong P/E multiples, we are sticking to our full-year S&P target of 3,100.

July 15 2019
Equity . Markets/Economy .
Article Kindred spirits Linda Duessel
April 18 2019

It may not feel like it to some, but most Americans did get a tax cut.

July 15 2019
Interest Rates . Fixed Income .
Article Federated adopts neutral view on yields in the near term R.J. Gallo
April 16 2019

Risks between upward and downward moves appear relatively balanced.

July 15 2019
Equity . Markets/Economy .
Article Look out above, a melt-up may be underway Stephen Auth
April 15 2019

Fundamentals and news flow suggest the stock market may be heading to new highs.

July 15 2019
Equity . Markets/Economy .
Article The Bank of Mom and Dad Linda Duessel
April 12 2019

Earnings, economy and technicals supportive of stocks.

July 15 2019
Equity . Markets/Economy .
Article Spring is coming Philip Orlando
April 12 2019

Even if Q1 earnings decline, a year-end target of 3,100 on the S&P 500 remains our forecast.

July 15 2019
Fixed Income . Interest Rates .
Article For fixed income, it's steady as she goes Robert Ostrowski
April 11 2019

After a strong first quarter, high yield and other credit securities settle into a clip-the-coupon environment.

July 15 2019
Equity . Markets/Economy .
Article Got to love these odds Linda Duessel
April 5 2019

April tends to be kind, not cruel, to stocks.

July 15 2019
Equity . Markets/Economy .
Article March jobs rebound erases aberrant February Philip Orlando
April 5 2019

After all the concern, Q1 ended up having a solid average monthly gain of 180,000 jobs.

July 15 2019
Equity . Politics .
Article 'Medicare-for-All' uncertainty creates opportunity Martin Jarzebowski
April 2 2019

Single-payer buzz is hurting managed-care stocks. That's good for value investors.

July 15 2019
Liquidity . Interest Rates .
Article Reset and assess Deborah Cunningham
April 1 2019

The Fed essentially used the March meeting to reboot its message after its dramatic policy shift over the last two quarters.

July 15 2019
Equity . Markets/Economy .
Article Did you hear that? Linda Duessel
March 29 2019

Concerns about an inverted curve may be cast in a paradigm that no longer exists.

July 15 2019
International/Global . Markets/Economy .
Article Brexit: What now? Thomas Banks
March 29 2019

As the saga drags on, there's one outcome the markets almost certainly wouldn't like—a no-deal Brexit.

July 15 2019
Equity . Markets/Economy .
Article Follow the money Philip Orlando
March 27 2019

Corporate earnings and GDP growth got tangled in several temporary issues in Q1 and should bounce back.

July 15 2019
Equity . Markets/Economy .
Article Don't sweat the yield-curve inversion Steven Chiavarone
March 26 2019

By most measures, a recession isn't in the cards anytime soon.

July 15 2019
Equity . Markets/Economy .
Article Do the right thing Philip Orlando
March 22 2019

The Federal Reserve was 3-for-3 in correct policy responses at its recent meeting.

July 15 2019
Equity . Markets/Economy .
Article 'I can't wait 'til noon' Linda Duessel
March 22 2019

Uncertainty climbs as investors interpret a dovish Fed and rally in long Treasury bonds as a possible recession signal. Might it be an opportunity?

July 15 2019
Equity . Markets/Economy .
Article The bull: younger and stronger than you think Stephen Auth
March 22 2019

With the secular bull marking its sixth birthday, there's plenty of room left to run. Helping it along are the still-deep scars from 2008-09's near-Armageddon experience.

July 15 2019
Liquidity . Interest Rates .
Article Fed says it's done for the year Susan Hill
March 20 2019

The FOMC statement confirms the dramatic shift in Fed expectations since late 2018.

July 15 2019
Equity . Markets/Economy .
Article Mid-cap momentum Damian McIntyre
March 15 2019

The middle of the stock market is making a comeback.

July 15 2019
Equity . Markets/Economy .
Article My credentials are legit, I swear! Linda Duessel
March 15 2019

In a week of lies and disappointments, the market continued to run, hitting a high for the year.

July 15 2019
Liquidity . Interest Rates .
Article Just how patient will the Fed be? Susan Hill
March 15 2019

With no hike expected, markets will look to changes in the dot plot and balance sheet taper for answers.

July 15 2019
Equity . Markets/Economy .
Article Equity overweight raised on improving EM outlook Philip Orlando
March 12 2019

We think EM stocks are poised for a comeback.

July 15 2019
Equity . Markets/Economy .
Article About that jobs miss Steven Chiavarone
March 8 2019

There was a lot of noise surrounding February's jobs number, but the bottom line is, the labor market remains healthy.

July 15 2019
Equity . Markets/Economy .
Article Nothing really matters Linda Duessel
March 8 2019

A pullback not only is expected, it will be welcomed by many.

July 15 2019
Fixed Income . Markets/Economy .
Article High-yield tailwinds continue to outpace headwinds Mark Durbiano
March 7 2019

At this later stage of the cycle, Federated views this asset class primarily as a good 'clip the coupon' story.

July 15 2019
Equity . International/Global .
Article The bull in the China shop Stephen Auth
March 6 2019

China-U.S. trade outcomes range from very good to not good at all.

July 15 2019
Fixed Income . Interest Rates .
Article Why are long-term rates stuck? R.J. Gallo
March 5 2019

Inflation shows little sign of breaking out. Until it does, it's difficult to see long rates breaking up in any significant manner.

July 15 2019
Equity . Markets/Economy .
Article Crosscurrents fading Philip Orlando
March 1 2019

If they do, stocks could float to our 3,100 year-end target.

July 15 2019
Equity . Markets/Economy .
Article Bad memories Linda Duessel
March 1 2019

A number of trends are impacting the way this market operates, and that's not necessarily healthy for investors.

July 15 2019
Liquidity . Interest Rates .
Article Stopping the pendulum's swing Deborah Cunningham
March 1 2019

Fed's Powell wants the markets to forget his vacillations of late 2018.

July 15 2019
Equity . Markets/Economy .
Article Q4 GDP: Not so bad after all Philip Orlando
February 28 2019

Capex and consumer spending beat expectations, helping to drive GDP growth of 2.6%.

July 15 2019
Equity . Markets/Economy .
Article Why 'late cycle' thinking is wrong (and why that's good for stocks) Steven Chiavarone
February 26 2019

This expansion is on track to become the nation’s longest, yet it’s behaving as if it’s closer to the middle than late innings.

July 15 2019
Equity . Markets/Economy .
Article If it's consensus, it's already baked into the market Linda Duessel
February 22 2019

Rising optimism suggests the market is overbought, but momentum suggests that any pullback may prove short-lived.

July 15 2019
Equity . Markets/Economy .
Article Positive surprises update: 2 out of 5 ain't bad (so far) Stephen Auth
February 22 2019

Developments are breaking the way we thought they may, boding well for our year-end forecast of 3,100 on the S&P

July 15 2019
Equity . Fiscal Policy .
Article Fiscal policy silly season Philip Orlando
February 21 2019

Democratic tax proposals might hurt everyone if they pull the U.S. into recession.

July 15 2019
Fixed Income . International/Global .
Article As global growth slows, there's an upside for international bonds John Sidawi
February 20 2019

Portfolio manager John Sidawi sees opportunities as headwinds in three key areas—Fed rate policy, the dollar's direction and idiosyncratic risks—shift to potential tailwinds.

July 15 2019
Equity . Markets/Economy .
Article The Fed 'put' Linda Duessel
February 15 2019

The Fed is supporting the market. Might China be next?

July 15 2019
Equity . Markets/Economy .
Article Christmas sales plunge Philip Orlando
February 14 2019

Retail sales were solid in October and November; what happened in December?

July 15 2019
International/Global . Markets/Economy .
Article European hotspots Thomas Banks
February 13 2019

A look at economic and political stress in Britain, Italy and ... well ... really the entire EU.

July 15 2019
Equity . Growth .
Article The small-cap story remains compelling Gregory Sterzel
February 11 2019

The brutal end-of-year sell-off in risk assets didn't change the reasons why small-cap stocks should still be an option for risk-oriented long-term investors.

July 15 2019
Equity . Markets/Economy .
Article It's getting late Linda Duessel
February 8 2019

The next few weeks could prove significant as the market awaits signs of progress on U.S.-China trade and the global economy.

July 15 2019
Equity .
Article V-bottom January Barometer Philip Orlando
February 8 2019

Yes, we’re forecasting a 32% rally from Christmas Eve 2018 to New Year’s Eve 2019.

July 15 2019
Fixed Income . International/Global .
Article 3 reasons the case for emerging markets is strong Ihab Salib
February 7 2019

A Fed on pause, an easing of trade worries and the pricing in of most geopolitical worries make for EM tailwinds.

July 15 2019
Fixed Income . Markets/Economy .
Article 'Risk-on' is back in the credit markets Chengjun (Chris) Wu
February 6 2019

January's rally was particularly strong across fixed-income credit sectors. With spreads narrowing, momentum could ease in the months ahead. But the outlook remains positive.

July 15 2019
Consumer Spending . Markets/Economy .
Article 5 trends that are reshaping retail Ian Miller
February 5 2019

It's not just online shopping. Retailers are using big data in all its forms to anticipate and meet customers' needs ... and to operate more efficiently, too.

July 15 2019
Equity . Markets/Economy .
Article Solid January jobs report despite shutdown noise Philip Orlando
February 1 2019

But expect sharp revisions in coming months as it fades.

July 15 2019
Equity . Liquidity .
Article 'Weather hug' reprised Linda Duessel
February 1 2019

The Fed adds to reasons to believe in this rally, making inevitable pullbacks potential buying opportunities.

July 15 2019
Liquidity . Interest Rates .
Article Powell's puzzle Deborah Cunningham
February 1 2019

Fed Chair Powell should have let the statement do the talking.

July 15 2019
Interest Rates . Fixed Income .
Article Fed will be 'patient' Donald Ellenberger
January 30 2019

The Fed kept rates steady, making markets happy with a dovish pause.

July 15 2019
Equity . Global Diversification .
Article 3 Questions: Federated Hermes SDG Engagement Equity Fund January 29 2019

By working collaboratively with companies to achieve UN Sustainable Development Goals, this fund seeks to capitalize on new market opportunities while also making the world a better place.

July 15 2019
Equity . Markets/Economy .
Article 'A pox on both your houses' Philip Orlando
January 25 2019

The White House and Congress must come to terms on full immigration reform to avoid another shutdown.

July 15 2019
Liquidity . Active Management .
Article 3 Questions: Cash is an asset class again Deborah Cunningham
January 25 2019

Liquidity products offer access, stability and, now, return.

July 15 2019
Equity . Markets/Economy .
Article Top 5 upside surprises for 2019 Stephen Auth
January 25 2019

A conversational shift by midyear from "synchronized global slowdown" to "synchronized global stimulus" heads the list.

July 15 2019
Equity . Markets/Economy .
Article Warm sunshine does wonders for your mood Linda Duessel
January 25 2019

China and the unwinding of post-crisis policies likely will weigh on markets for some time. But short of a recession, it's still a bullish story for stocks.

July 15 2019
Fixed Income .
Article From 'irrational exuberance' to rational despondence Robert Ostrowski
January 19 2019

It was a no good, very bad fourth quarter for the credit bond markets, too. It's hard to see the first quarter being the same.

July 15 2019
Equity . Markets/Economy .
Article It never rains in California Linda Duessel
January 18 2019

There's a lot of pessimism as earnings season is set to go full bore. That may be a good thing.

July 15 2019
Equity . Markets/Economy .
Article The running of the bears Stephen Auth
January 11 2019

The Fed, China and earnings appear set to break the bulls' way, but the bears should still have their moments in coming months.

July 15 2019
Equity .
Article 'It's not supposed to be easy' Linda Duessel
January 11 2019

No one really knows the reason for Q4's falloff. What we do know is if this is just a soft patch, then there should be more upside for investors.

July 15 2019
Equity .
Article Green light to start 2019 Philip Orlando
January 11 2019

The "January Barometer" suggests 2019 could be a strong year.

July 15 2019
Fixed Income .
Article The credit market is not broken John Gentry
January 8 2019

The majority of BBB-rated debt is issued deliberately by healthy companies, not those on the brink.

July 15 2019
Equity .
Article To recession or not to recession? That is the question Steven Chiavarone
January 7 2019

Yes, the economy is slowing but an outright recession just doesn't seem to be in the cards.

July 15 2019
Equity .
Article What recession? Philip Orlando
January 4 2019

Will the robust labor report keep the Fed actively engaged in tightening monetary policy?

July 15 2019
Equity .
Article Contrary to popular belief Linda Duessel
January 4 2019

There are a lot of scary economic and market headlines out there. They don't always reflect reality.

July 15 2019
Liquidity .
Article Money markets: 3 things to watch in 2019 Deborah Cunningham
December 31 2018

Look for cash to be key, if not king, in 2019.

July 15 2019
Fixed Income .
Article High yield: 3 things to watch in 2019 Mark Durbiano
December 27 2018

Equity market behavior is strongly correlated with high yield performance.

July 15 2019
International/Global .
Article International: 3 things to watch 2019 Thomas Banks
December 27 2018

Trade friction, political instability and contrarian opportunities could shape the global investing environment in the new year.

July 15 2019
Fixed Income .
Article Fixed income: 3 things to watch in 2019 R.J. Gallo
December 26 2018

3 factors may dictate how bonds do in 2019: the Fed (is it close to neutral?), the economy (how slow will it grow?) and inflation (will it remain muted?).

July 15 2019
Liquidity . Cash Management .
Article Cash markets not concerned about a government shutdown Susan Hill
December 20 2018

Cash markets will not be affected if President Trump forces a partial government shutdown.

July 15 2019
Liquidity . Cash Management .
Article Fed: One and not yet done Susan Hill
December 19 2018

Policymakers hike rates and signal two more in 2019.

July 15 2019
Equity .
Article May you have very happy holidays Linda Duessel
December 14 2018

Stocks must work through headwinds to accomplish the typical end-of-year rally.

July 15 2019
Equity .
Article Will stock market Grinch steal holiday spending? Philip Orlando
December 14 2018

We won't know for certain until January, but think consumer spending may trump market volatility.

July 15 2019
Equity . Markets/Economy .
Article Volatile year ahead likely to end well Stephen Auth
December 13 2018

Once 2018's messiness subsides, the market and economy should take a turn for the better, with the S&P 500 eventually hitting new highs in 2019.

July 15 2019
Equity . Markets/Economy .
Article I've asked Santa to do something about the algos, please! Linda Duessel
December 7 2018

Algorithmic-driven trading associated with massive passive investing is abetting volatility in the market.

July 15 2019
Fixed Income .
Article The near-term bias on Treasury yields may be higher R.J. Gallo
December 4 2018

Several factors that drove yields lower have turned more favorable, but a lack of clarity still clouds the outlook.

July 15 2019
Fixed Income .
Article Deja vu all over again William Ehling
December 3 2018

There are many parallels between the markets and economy today and in 2015-16. For those fearing recession, that's a good thing.

July 15 2019
Equity . Markets/Economy .
Article The bulls hit the trifecta Stephen Auth
December 3 2018

Fed, Trump-Xi and OPEC line up for a potentially bullish finish to the year.

July 15 2019
Equity . International/Global .
Article Global markets: 3 things to watch in 2019 Linda Duessel
December 2 2018

Concerns about liquidity, recession and a trade war are certain to weigh on markets next year.

July 15 2019
Equity .
Article Cooler jobs report restrains Fed Philip Orlando
December 1 2018

It's possible a Fed rate hike this month could be its last in this cycle.

July 15 2019
Equity . Markets/Economy .
Article Will soft patch derail Santa Claus rally? No, no, no! Philip Orlando
November 30 2018

We see a year-end Santa Claus rally taking stocks up to their September high.

July 15 2019
Interest Rates . Cash Management .
Article Neutral November Deborah Cunningham
November 30 2018

Fed Chair Powell shifts his view on interest-rate levels.

July 15 2019
Equity . Politics .
Article As long as neither storms out, we're good Linda Duessel
November 29 2018

If Trump and Xi just kick the can down the road, the markets should be fine with that.

July 15 2019
Equity . Interest Rates .
Article Powell does his part; now it's up to Trump and Xi Philip Orlando
November 28 2018

Fed chair signals that policymakers will go slowly on further rate increases.

July 15 2019
Equity . Politics .
Article Immigration reform needed to sustain economic growth Philip Orlando
November 21 2018

Immigration reform should be a "common-ground" item for our political parties.

July 15 2019
Equity . Markets/Economy .
Article But Cramer said there is always a bull market somewhere! Linda Duessel
November 21 2018

There are reasons to be optimistic.

July 15 2019
International/Global .
Article Internationally speaking, a little caution may be merited Peter Smith
November 20 2018

The longer-term outlook remains positive but there are some stones in the road along the way.

July 15 2019
Equity .
Article U.S. markets: 3 things to watch in 2019 Philip Orlando
November 20 2018

Phil Orlando is keeping a close eye on equity market technicals and potential Fed policy changes.

July 15 2019
Equity . Politics .
Article Crude oil pendulum swings to extremes Philip Orlando
November 16 2018

We expect OPEC will reverse its recent increase in production at its meeting in December.

July 15 2019
Equity . Politics .
Article I'm told Buenos Aires is beautiful this time of year Linda Duessel
November 15 2018

That's where Presidents Trump and Xi are scheduled to meet, and what happens there may well determine what happens here with the market.

July 15 2019
Equity . Growth .
Article Q&A: Innovation is fueling growth November 14 2018

Promising new technologies, and new applications of existing technologies, are creating a wealth of opportunities.

July 15 2019
Fixed Income .
Article Strong economy and credit quality continue to buoy high yield Mark Durbiano
November 12 2018

Volatile period doesn't change solid fundamentals, indicating potential upside if markets settle down as expected.

July 15 2019
Equity . Markets/Economy .
Article Shaken, not stirred Stephen Auth
November 12 2018

It's a little messy for the markets right now but the longer-term outlook remains bright.

July 15 2019
Equity . Politics .
Article Is gridlock good? Philip Orlando
November 9 2018

A split Congress might find common ground on several key issues.

July 15 2019
Fixed Income . Interest Rates .
Article Fed stays put Donald Ellenberger
November 8 2018

The FOMC left policy rates and most language of its policy statement unchanged.

May 29 2019
Politics . Markets/Economy .
Article A quick take on the midterms: Gridlock November 7 2018

Federated's trio of CIOs thinks a split Congress won't undo Trumponomics but won't build on it, either.

July 15 2019
Equity . Politics .
Article Amen! The midterm election is over and we can get to work Linda Duessel
November 3 2018

Gridlock? If history is a guide, the stock market will be fine with that.

July 15 2019
Equity . Markets/Economy .
Article Powerful October jobs rebound Philip Orlando
November 2 2018

The labor market posted terrific job gains despite extreme weather.

July 15 2019
Equity .
Article Proceed with caution Linda Duessel
November 2 2018

Federated's base case is there's still a good amount of upside in stocks but it could be sloppy for awhile.

July 15 2019
Equity . Politics .
Article Midterm redux: Partial 'Goldilocks' outcome, though Fed and China still loom Stephen Auth
November 1 2018

Results provide three good reasons why we think investors should remain bullish on stocks.

July 15 2019
Liquidity . Cash Management .
Article Nothing spooky about stability Deborah Cunningham
November 1 2018

In October, the cash sector watched the market volatility from solid ground.

July 15 2019
Equity . Growth .
Article Strong consumer drives solid Q3 GDP Philip Orlando
October 26 2018

Personal consumption expenditures rose stronger-than-expected in the third quarter.

July 15 2019
Equity . International/Global .
Article If you're stressed about the correction, visit New York City Linda Duessel
October 26 2018

It may not be clear why the market is selling off and when it may end, but in the Big Apple, this is not even a topic of discussion at the dinner table.

July 15 2019
Equity . Markets/Economy .
Article Secular bull call intact but 3,100 on the S&P may have to wait till 2019 October 25 2018

Technical damage and time may prevent breach of longstanding target this year.

July 15 2019
Equity . Markets/Economy .
Article The 'New Normal' is a different normal these days Steven Chiavarone
October 23 2018

The digital revolution is impacting inflation, interest rates and the economy in ways that have yet to be appreciated fully by the markets.

July 15 2019
Equity . Markets/Economy .
Article An unforeseen event, typically one with extreme consequences Linda Duessel
October 19 2018

Ten years later, many investors have yet to shake their financial crisis jitters.

July 15 2019
Equity . Markets/Economy .
Article No Black Monday deja vu Philip Orlando
October 19 2018

Our year-end S&P 500 target of 3,100 has not changed despite the turbulence.

July 15 2019
Equity . Global Diversification .
Article Time to add to equities as the lows are likely in Stephen Auth
October 18 2018

Worries behind the latest are likely to fade, prompting Federated to raise the equity overweight in its PRISM&reg stock-bond model.

July 15 2019
Fixed Income .
Article Don't be wary of a BBB-rating John Gentry
October 17 2018

Contrary to their reputation BBB-rated corporate debt has much to recommend itself.

July 15 2019
Equity .
Article Small caps compelling despite, and because of, recent rough patch Gregory Sterzel
October 16 2018

Mean reversion, valuations and a prolonged economic cycle provide favorable arguments for small caps.

July 15 2019
Equity .
Article If you're stressed about a correction, visit Wisconsin Linda Duessel
October 12 2018

It was all systems go everywhere I went this week in the dairy state.

July 15 2019
Equity . Growth .
Article Risk of 'Blue Wave' roils markets, creates buying opportunity Philip Orlando
October 12 2018

Economy is strong, despite recent market volatility.

July 15 2019
Fixed Income . International/Global .
Article Inching closer to neutral Robert Ostrowski
October 11 2018

Federated seeks to lessen potential fixed-income volatility amid rising rates, midterm election uncertainty and a Fed that's trying to stick the landing.

July 15 2019
Equity .
Article 'I'm going to Pittsburgh for fun' Linda Duessel
October 5 2018

Sweat about the spike in Treasury yields if you must, but the reasons for it are very bullish.

July 15 2019
International/Global . Global Diversification .
Article Q&A: Idiosyncratic issues mask-and create-opportunities in the EM October 2 2018

Recent sell-off has driven valuations down to potentially attractive levels among selected securities.

August 5 2019
Liquidity . Cash Management .
Article Coming around to our way of thinking October 1 2018

The press is finally realizing that money funds are again "attractive."

July 15 2019
Equity . Growth .
Article 'Particularly bright moment' Philip Orlando
September 28 2018

Fed chair Powell voiced considerable optimism at the policy-setting meeting.

July 15 2019
Markets/Economy . Active Management .
Article 3 Questions: Federated Bond Fund Brian Ruffner
September 27 2018

The fund combines a focus on investment-grade bonds with a strategic high-yield allocation.

July 15 2019
Interest Rates . Cash Management .
Article Fed takes one more step toward normal Susan Hill
September 26 2018

An uneventful meeting followed expectations with a rate hike to a range of 2-2.25%.

July 15 2019
Fixed Income . Income .
Article Mortgages on way to becoming a true market again Steven Abrahamson
September 26 2018

Expect the Fed to fade and value to return to mortgage market.

July 15 2019
Equity .
Article Here's why we think the growth story will continue Jordan Stuart
September 25 2018

Growth stocks continue to benefit from a robust earnings, a solid economy, tax reform and IPOs.

July 15 2019
Equity .
Article They were talking DEE-fence in Chicago and it wasn't about Da Bears Linda Duessel
September 19 2018

Advisors are turning defensive even as stocks flirt with new highs.

July 15 2019
Equity .
Article So long, Telcom. Hello, Communication Services Steven Chiavarone
September 18 2018

Confident market is not impressed by the litany of near-term risks.

July 15 2019
Equity . Global Diversification .
Article Holding pattern Linda Duessel
September 13 2018

The market could hem and haw for awhile but fundamentals and valuations continue to suggest longer-term upside.

July 15 2019
International/Global . Income .
Article EM idiosyncratic, not contagious Ihab Salib
September 13 2018

Macro pressures are exacerbating problem pockets, not spreading them.

July 15 2019
Equity .
Article Fundamentals matter Philip Orlando
September 13 2018

Confident market is not impressed by the litany of near-term risks.

July 15 2019
Equity . Markets/Economy .
Article What can end the long cycle? Stephen Auth
September 12 2018

If you listen to the bears, the list of worries is long. It's also wrong.

July 15 2019
Liquidity .
Article Numbers game at the Fed Deborah Cunningham
September 1 2018

Why we need more governors than regional presidents on the FOMC.

July 15 2019
Equity . Income .
Article Don't call me old Linda Duessel
August 31 2018

Today's dividend stocks are all about the 'new' economy.

July 15 2019
Fixed Income . Income .
Article Same as it ever was William Ehling
August 28 2018

Inflation and rates may rise, but a surge is unlikely.

July 15 2019
Equity . Income .
Article Stocks thrilled with Powell's first Jackson Hole speech Philip Orlando
August 24 2018

The Fed leader stood his ground, saying 'gradual' rate normalization remains the strategy.

July 15 2019
Equity . Global Diversification .
Article It depends on what the meaning of the word 'is' is Linda Duessel
August 24 2018

History suggests Trump's troubles won't necessarily carry over to the market.

July 15 2019
Equity . Global Diversification .
Article Late cycle, late schmycle Linda Duessel
July 27 2018

While there may be hiccups, technical and fundamental factors suggest this expansion and rally has a ways to go.

July 15 2019
Equity . Growth .
Article 5 reasons 2019 offers opportunity for growth investors Jordan Stuart
January 14 2018

Because growth strategies aren't necessarily dependent on the economy, late 2018's sell-off could provide the potential for some upside this year.

July 15 2019
Active Management . Portfolio Stability .
Article 3 Questions: Federated MDT Daniel Mahr
November 6 2016

A quantitative approach that seeks to eliminate behavioral influences is at the heart of this diversified stock-selection strategy.

DISCLOSURES

2848197615