Where do we go from here?

The past few months have undoubtedly changed the economy and the world as we know it. However, history reveals things will eventually get better. With that in mind, where do we go from here?

The current state of affairs


While the world has indeed changed, the reasons investors looked to municipal bond exposure in the past have not.

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Taking advantage of tomorrow

Recent volatility reveals unprecedented levels of fear while markets struggle to gauge the extent of Covid-19’s economic damage.

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What today's consumer behavior tells us about tomorrow

Since Covid-19 abruptly appeared and changed the lives of many, government-mandated lockdowns have forced a large portion of the global population to stay indoors.

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Will the federal government’s lifeline to small businesses be enough?

Most Americans know about the Coronavirus Aid, Relief, and Economic Security (CARES) Act: a $2.2trn stimulus package designed to curtail the economic fallout from Covid-19.

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Vantage Point: Pandemic

The world has seen the emergence of a novel coronavirus that has infected large numbers of people in China and the rest of the world. This edition is devoted to trying to work out what the economic impact might be, and for how long it will continue.

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Historically Speaking, Time is On Your Side

A true long-term investment perspective should include both the future and the past. 

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Five past bear markets and what they taught us

David Leduc (DL), head of fixed income at Mellon, and George Saffaye (GS), global investment strategist at Mellon, dissect five past bear markets (20% peak-to-trough) and reveal what they think the biggest takeaways were for investors.

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Looking for an “All Clear” Sign?

Examing today's volatility through a historical lens

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The Case for Asset Allocation

A true long-term investment perspective should include both the future and the past. By taking into account events that shaped the markets and their subsequent recoveries, we may see patterns of potential recovery applicable to our own futures.

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Stick with a Plan in Uncertain Financial Markets

The market turbulence that plagued investors in the first quarter of 2020 has continued. This persistent volatility has left investors with some nagging questions.

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Impacts of market volatility are not felt equally by all investors

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Is Derisking Risky Business?

Since 2017, in our view, many investors have been derisking, moving away from intermediate duration bonds to ultrashort duration bonds and cash-like securities. We think this deserves a deeper look.

Covid 19: Looking through the crisis

Once we know that all major economies are in lockdown, we may be able to start calculating the extent of the economic...


All investments involve risk, including the possible loss of principal.

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