◀ The Principal Blog

Posts from the ‘Multi-Asset Advisors’ category

Inflation: Fed Prepping for a Hiking Trip?



Headline inflation numbers for the United States and Europe have turned around. In February, monthly gains in the U.S. Consumer Price Index (CPI) and Personal Consumption Expenditure (PCE) deflator turned positive for the first time since last fall.  For the Eurozone, inflation seems to have…

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Vultures, a Ship, and RUFO: The Weird Tale of Argentina’s Latest Default



Last week, Argentina fell in default…again. Argentina last failed to make payments on its sovereign debt obligations in 2001, to the tune of $80 billion. Market reaction outside of Argentina to the most recent stumble was generally muted.  The U.S. stock market was down last week, but mostly…

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