The economy is on really firm footing and it s not just the U.S. economy, it s the global economy, Kirby told CNBC s Trading Nation on Thursday. The economy is probably peaking or sort of at peak growth. … Europe is reopening, emerging markets are reopening. I think that there s a lot of economic momentum that supports continued risk asset prices.
Kirby highlighted three investment buckets that look favorable in this high economic growth environment. The first, value and cyclical stocks, should get a lift as the economy rebounds off its pandemic lows. The value-versus-growth debate that s been going on for a long time, we re pretty firmly in the camp for preferring value and cyclical, he said.
Charlie Wilson B. G., Opalesque Geneva:
Charlie Wilson, portfolio manager at Thornburg Investment Management, is optimistic about emerging markets. He co-manages the Thornburg Developing World Fund, which invests at least 80% of its assets in equity securities and debt obligations of developing country issuers. He shares his rationale here.
Opalesque: How are emerging markets navigating the current environment?
Charlie Wilson: Our view on how emerging markets (EM) are navigating the current environment has remained largely the same since last year. Some countries have effectively steered through the Covid-19 pandemic period and have been able to suppress the virus and return to normal. Proof of that is reflected in stock prices and valuations, especially in China, South Korea, and Taiwan.
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ALBUQUERQUE, N.M. National Dance Institute (NDI) New Mexico is launching a weeklong series of live events to recognize its community of students, families, educators and supporters.
“Event Week Celebration” is a “fun and interactive” prelude to NDI New Mexico’s 2021 Virtual Gala “Brand New Day!” The gala will be live-streamed, free of charge, at 5:30 p.m. Saturday, May 8, according to an NDI New Mexico news release.
Students fill the stage in the opening number of “Route 66” for the National Dance Institute New Mexico’s 25th anniversary performance at the Hiland Theater in May 2019. (Greg Sorber/Albuquerque Journal)
Daily activities will take place Monday, May 3 through Saturday, May 8 as part of “Event Week Celebration.” The activities will range from online dance lessons to family activities, panel discussions and car parades. The celebration is an opportunity for
Thornburg hires managing director to help manage muni bond funds
John Bonnell was named managing director and portfolio manager at Thornburg Investment Management.
The position is new, spokesman Michael Corrao said in an email. Mr. Bonnell will be co-manager of seven municipal bond mutual funds, including the $5.9 billion Limited Term Municipal Fund, as well as institutional strategies and separately managed accounts alongside portfolio managers
David Ashley and