VIDEO: Is the Cycle Over? Not Yet.

Are we coming to the end of the current cycle? Not yet, according to Chief Investment Officer Krishna Memani. While the current backdrop isn’t as positive as it was in 2017, there is enough momentum to carry the global economy into the second half of the year.

For income-seeking investors, higher yields on the short end of the curve, floating-rate securities, and foreign non-dollar denominated bonds, particularly in emerging markets, look attractive given the current backdrop. The average real yield on sovereign local emerging market bonds is now over 3% as inflation has declined in most of the emerging world.

VIEW VIDEO: https://www.oppenheimerfunds.com/advisors/article/is-the-cycle-over-not-yet