Investing in the prospect of drug pricing reforms

Investing in the prospect of drug pricing reforms

The Trump Administration is considering reforms in the payment for prescription drugs covered under Medicare Part B. The changes include ones that could be accomplished without the need to pass legislation through Congress. The reforms could have significant implications for the companies that manufacture the drugs covered under Part B. Medicare Part B covers drugs […]

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The Future of E-Commerce and Retail Will Be Written in China

The Future of E-Commerce and Retail Will Be Written in China

We believe China is ground zero for the future of retail and the West will learn from and adapt the experiments that are already moving to scale in the East. Consider Alibaba, the Chinese Internet giant whose wide-ranging businesses span e-commerce, offline retail, fintech, online video, maps and browsers, and artificial intelligence. By end of […]

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What does Qassim Suleimani’s death mean for the market?

What does Qassim Suleimani’s death mean for the market?

On Thursday evening, Iran’s top security and intelligence commander, General Qassim Suleimani, was killed in a drone strike at Baghdad International Airport. The strike, which was authorized by US President Donald Trump, represents a potentially dangerous escalation in the growing confrontation between the US and Iran. How are the markets responding? Markets reacted quickly to […]

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Past presidential turmoil didn’t keep stocks down for long

Past presidential turmoil didn’t keep stocks down for long

On Dec. 18, 2019, President Donald Trump was impeached by the House of Representatives on two counts, becoming the third US president to be impeached in the history of the United States. For context into the impact that past presidential scandals have had on the stock market, we point you back to our thoughts first […]

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The Fed is well-equipped to handle year-end repo volatility

The Fed is well-equipped to handle year-end repo volatility

Invesco Fixed Income believes the Federal Reserve (Fed) will add sufficient liquidity to the banking system to alleviate rate pressure in the funding/repo markets that typically arises at year-end, and avoid  the severe volatility experienced in September. In the press conference that followed the Fed’s December meeting, Chairman Jerome Powell was clear that the Fed will […]

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Ride hailing in emerging markets is more than transport

Ride hailing in emerging markets is more than transport

When Apple introduced the iPhone in 2007, only the most prescient of market observers would have prophesied that the smartphone would lead to a coming upheaval of urban transport. Just over a decade later, ride-hailing platforms rank as the most significant of the many revolutions the smartphone has wrought. In 2017, some 16 billion rides […]

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SteelPath December MLP update and news

SteelPath December MLP update and news

The master limited partnership (MLP) sector saw a series of events take place in November, including the conclusion of third quarter earnings season and yet another MLP simplification eliminating incentive distribution rights. And while midstream equities underperformed energy equities and the broader markets in recent months, the story has been different in the bond market, […]

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