Loomis, Sayles & Company

Prospects for better global growth are attracting capital into foreign assets. We believe this trend could last for several quarters or even longer. Read more in our April Investment Outlook: https://lnkd.in/gNGqHtbC #Economy #GlobalGrowth #ForeignAssets

We are proud to announce that Pramila Agrawal, Head of Custom Income Strategies and a Member of the Board of Directors, has been selected as an honoree for this year’s Founder's Choice Award by Get Konnected! This award recognizes women of impact in Massachusetts who have broken barriers and championed inclusivity. We are delighted to see Pramila’s dedication to promoting and advocating for the women at Loomis Sayles and our broader industry. Please join us in congratulating Pramila on this achievement! #LifeAtLoomisSayles

US tariffs represent a fiscal tightening that we believe will hit demand and disrupt supply chains globally. Going forward, we will be watching the impact to profits for clues about what's next: https://lnkd.in/eppAwYbq

Attending the ACLI Financial & Investment Roundtable next week? Be sure to join the Regulatory Update breakout session at 10:15am on Monday where Erik Troutman, Head of the Loomis Sayles Insurance Advisory Group, will join a panel of experts providing insights into the latest regulatory issues. From new and complex investment structures involving life insurers to critical topics like negative IMR, this session will help equip you with the knowledge needed to navigate these evolving issues. Click here to learn more: https://lnkd.in/e_AAK47i

Tariffs and potential trade partner retaliation are complicating the new US administration’s pro-growth agenda. Disinflationary trends are in place, but a tariff-driven rise would slow the progress we welcome: https://lnkd.in/gNGqHtbC #Economy #Tariffs #Inflation

In our view, the US economy is still in late cycle because both profits and the labor market have remained strong, supporting consumer spending. However, we see significant economic headwinds: https://lnkd.in/eppAwYbq

I view thinning liquidity in the US Treasury market as the elephant in the room from a broad risk perspective. Even if the US Treasury market cracks, it doesn’t necessarily mean the Fed will cut rates. But don’t expect them to stand idly by—they can step in with emergency lending facilities and other liquidity measures to help stabilize the markets. The big question: Can the Fed’s liquidity help prevent broader systemic risks? I think the answer is that they will do what it takes to keep the markets functioning. Yet, monetary policy in these situations is more of a reactionary function to stabilize rather than fix the underlying problem. The real driver is policy decisions coming from D.C.  

US economic growth has been slowing toward a trend-like level of approximately 1.75%. Slowing growth is less prevalent in other developed economies within the eurozone and United Kingdom, where growth rates have been flat compared to 2024—if not slightly better. Read more: https://lnkd.in/gNGqHtbC #Economy #Outlook

We view the US tariff shock as monumental, upending generations of trade liberalization and global economic integration. It is a major shock with significant uncertainty on economic and financial outcomes. Read our full analysis: https://lnkd.in/eppAwYbq

What’s next for the credit cycle? Read our latest analysis and find out which key factors we’re watching that might influence progress through the cycle in the aftermath of the US tariffs: https://lnkd.in/eppAwYbq