The Advisors Asset Management, Inc.- Our mission is to empower financial..
Established in 1979, Advisors Asset Management, Inc. (AAM) has been a trusted resource for financial advisors. Our experienced Advisory Consultants provide financial advisors with customized advice and ongoing support, along with a broad range of carefully selected solutions that you can take to your clients with confidence. AAM is a broker/dealer, investment advisor.
Although we believe the current cycle will extend through late 2020, we are in the late stage of this business cycle. The late-cycle phase presents both opportunities and risks for fixed income investors and is often a time of rising volatility.
The 10-year Treasury just slid to 2% (and below temporarily) for the first time since November 2016. Why? In our eyes, it has about as much to do with technicals as the painting “Dogs Playing Poker” (by Cassius Marcellus Coolidge).
We like to provide a deep dive into earnings trends at least once a year and given that we are finishing up what – based on year-over-year earnings growth – is the worst earnings season in three years, we felt the time was appropriate.