Phil Serafino

3 days ago | bloomberg.com | Phil Serafino |Sagarika Jaisinghani

The never-ending back and forth on tariffs. An escalating war in Ukraine. Growing concern about the US’s mounting debt and deficits, and a congressional budget process that seems unlikely address the problem. Sounds like a recipe for a bear market, and yet global stocks just hit an all-time high. The MSCI All-Country World Index is up 5.6% this year, surpassing its record from February.

5 days ago | bloomberg.com | Michael Mackenzie |Ye Xie |Phil Serafino

America’s swelling federal budget gap and growing debt burden are scaring money managers away from the world’s marquee “risk-free” asset – the 30-year US Treasury bond. Instead, investment firms including DoubleLine Capital, Pimco and TCW are favoring shorter maturities that carry less interest-rate risk but still offer a decent yield.

1 week ago | bloomberg.com | Ye Xie |Liz McCormick |Phil Serafino

The surge in long-term bond yields this month is threatening to upend a classic investment strategy — the 60/40 stock and bond portfolio — just as it makes a comeback from a long stretch of underperformance. A US gauge of the 60/40 mode returned some 1.6% this year through mid-May, besting the S&P 500 Index’s return in the period, and with lower volatility, according to data compiled by Bloomberg.

2 weeks ago | bloomberg.com | Michael Mackenzie |Liz McCormick |Phil Serafino

On the new episode of Trumponomics: Stephanie Flanders, Bloomberg’s head of government and economics, leads a panel from the Qatar Economic Forum in Doha to explore the question of what Trumponomics means for the Middle East. It turns out the answer may be—as Donald Trump would put it—a lot of winning. Listen on Apple, Spotify, or wherever you get your podcasts. The warnings from the world’s biggest bond market on the US fiscal mess are getting louder.

2 weeks ago | bloomberg.com | Simon Kennedy |Phil Serafino

President Donald Trump's attempts to shake up global trade caused widespread upheaval in markets and a decoupling from the US dollar, leaving investors hunting for alternatives. Which emerging markets stand to gain from the new order? Join us for a Live Q&A today at 10 a.m. ET. The dollar is on the slide again with investors speculating the US might use a meeting of Group of Seven finance chiefs as a setting to seek a weaker currency.