TCW Investment Perspectives

Conflict and Capital Flows: How the Middle East Is Repricing Global Risk

TCW — Thu, 19 Mar 2026 12:16:29 -0700

TCW’s Anisha Goodly speaks with Dave Robbins and Ruben Hovhannisyan about the market impact of the escalating Middle East conflict, from oil prices and inflation expectations to emerging market debt and portfolio positioning.

The Appeal of Securitized Credit in Today’s Market

TCW — Mon, 01 Dec 2025 08:00:00 -0800

The flexibility of securitized credit to tap into a wide range of portfolio types is especially appealing right now when corporate credit spreads are tight. Listen as Liza Crawford, TCW’s co-head of global securitized, discusses compelling securitized opportunities and the importance of underwriting.

The U.S.-Latin America-China Relationship and Implications for Emerging Markets Debt

TCW — Wed, 19 Nov 2025 12:23:40 -0800

The relationship between the U.S., Latin America, and China is complex and evolving, creating significant implications for emerging markets debt. Listen to this special edition of the TCW Investment Perspectives podcast as our emerging markets experts discuss trade, politics, and compelling return opportunities across the regions – from Argentina to Mongolia.

Unlock Value in a Strong Equities Market

TCW — Wed, 29 Oct 2025 08:00:00 -0700

The U.S. equities market has outperformed expectations, but there are still bargains to be found. Listen as Yusuf George, TCW Senior Vice President and Head of Equity Portfolio Specialists, explains the momentum behind today’s market and uncovers some undervalued sectors.

How to Position Portfolios After the Fed Cut – And What to Watch

TCW — Fri, 26 Sep 2025 11:13:03 -0700

Labor. Tariffs. Inflation. Politics. Listen as TCW’s Jamie Franco, managing director in the Cross-Asset Research & Sustainable Investment Group, discusses portfolio allocation and what investors should consider following the Fed’s move to cut rates.

Coming Soon? Industry Awaits Emergence of Multi-Share Class ETFs

TCW — Mon, 25 Aug 2025 08:08:15 -0700

The active ETF industry is exploding and there may soon be a new kid in town. Listen as Scott Dennis, TCW’s head of ETFs, discusses how multi-share class ETFs can provide investors with more choices even as they may face some structural challenges.

The AI Investment Opportunity Has Only Just Begun

TCW — Thu, 24 Jul 2025 13:33:18 -0700

If you think that investors have missed the boat on artificial intelligence, think again. In our latest Investment Perspectives podcast, portfolio manager Bo Fifer explains why the AI journey is still in the early innings – and where investors should be looking.

How Asset-Backed Finance Powers The Economy—and Why It Belongs In Your Portfolio

TCW — Thu, 26 Jun 2025 12:33:34 -0700

Asset-backed finance is growing rapidly and for good reason. Not only does it propel the real economy, but it provides flexible solutions for borrowers and portfolio diversification for investors. In this episode, Dylan Ross, the head of TCW’s ABF business, breaks down why ABF is gaining traction, how ABF structures work, and why they create opportunities for borrowers and investors alike.

Spotlight on China: Tariffs and More

TCW — Tue, 06 May 2025 13:12:51 -0700

As the U.S. global trade war with China continues to grab headlines, TCW Managing Director Dave Vick sits down for a timely conversation with Lin Jing Leong, a TCW Sovereign Research Analyst who focuses on Asia. They speak about the current state of China’s economy, and how China is both diversifying its import stream and trying to expand its own capabilities.

How to Navigate Equities in a Tumultuous Market

TCW — Fri, 25 Apr 2025 08:25:39 -0700

Equities markets have been on a rollercoaster in recent weeks amid widespread concern about the impact of global tariffs. TCW Equities Chief Investment Officer Michael Reilly and Equities Portfolio Specialist Valeria Mendiola team up to speak with Managing Director David Vick about how active management can unlock some of the hidden opportunities.

Investors See Uncertainty, But Opportunity Might Be Around the Corner

TCW — Wed, 26 Mar 2025 08:00:00 -0700

It looks like market volatility and uncertainty will stick around for a while, so that means it’s time for investors to look for the opportunities that may emerge. TCW fixed income experts Bryan Whalen and David Vick dissect the data points that are impacting the market and reveal the potential sweet spots to pursue.

Special Episode: Smaller Companies Can Drive Alpha in Emerging Markets

TCW — Thu, 06 Mar 2025 08:00:00 -0800

If you want to generate alpha in small- and mid-cap companies that are in emerging markets, you’ve got to do your homework! On the heels of a new partnership announced by TCW and White Oak Capital Partners, TCW’s Anisha Goodly, managing director and head of the EM/Global portfolio specialist team, speaks with White Oak founder Prashant Khemka in a special podcast episode about how deep due diligence can be the best defense against undue risk.

The State of Emerging Markets Amid Global Discord

TCW — Fri, 21 Feb 2025 08:09:08 -0800

How are global markets and governments responding to the storm of policies and rhetoric coming from Washington? Join Managing Director David Vick as he goes around the world with Anisha Goodly, TCW managing director and Head of the EM/Global Portfolio Specialist Team , and Blaise Antin, TCW managing director and head of the sovereign research team.

The Vast Potential of the Global Energy Transformation

TCW — Thu, 30 Jan 2025 13:15:45 -0800

Eli Horton, equity portfolio manager of TCW’s energy transition strategy, and Valeria Mendiola, equity portfolio specialist, speak with Managing Director David Vick about why the global energy transformation is an economic imperative.

A “Powerful” Opportunity: How Demand for Data Centers Will Fuel Financing Markets

TCW — Mon, 23 Dec 2024 11:12:13 -0800

TCW power market experts Nikhil Chopra and Dominic Bea join Managing Director David Vick to talk about the exploding demand for data centers and how financing markets can help to meet that demand.

Private Credit: Market Dynamics Heading Into 2025

TCW — Thu, 05 Dec 2024 14:23:17 -0800

Rick Miller, founder and chief investment officer of TCW's Private Credit Group joins Product Specialist Will Lloyd on the TCW Investment Perspectives Podcast to analyze the private credit market - from the implications of potential tariffs to the prospect for defaults.

Tactical Approaches to Fixed Income in Today's Market

TCW — Tue, 19 Nov 2024 11:53:59 -0800

In this episode of the TCW Investment Perspectives Podcast hosted by Dave Vick, Jerry Cudzil and Jeff Katz analyze fixed income markets following the U.S. Presidential election and TCW’s strategic positioning to capture opportunities across sectors.

The Long and Short of Trump 2.0

TCW — Thu, 07 Nov 2024 10:56:28 -0800

Dave Vick hosts Michael Reilly, Bryan Whalen, and Penny Foley for a roundtable discussion on the global financial impacts of the 2024 U.S. elections on Equities, Fixed Income, and Emerging Markets.

A Market Overshoot?

TCW — Thu, 17 Oct 2024 14:43:19 -0700

China's stimulus package and the unexpectedly strong U.S. payrolls report have ignited swift and dramatic market reactions. But do these headlines truly shift the narrative, or are we witnessing an overcorrection? Join Dave Vick, Lin Jing Leong, and Ruben Hovhannisyan as they delve into the data, question its reliability, and explore the potential long-term impact on the world’s two largest economies.

Climate and Consequences: Takeaways from NYC Climate Week

TCW — Fri, 04 Oct 2024 08:24:40 -0700

Does rising debt mean countries will struggle to fund climate action? Sonja Gibbs, Head of Sustainable Finance at the Institute of International Finance, joins TCW's Cindy Paladines and Jamie Franco to discuss this critical issue. Fresh off New York's Climate Week, Gibbs, Franco and Paladines share how fiscal challenges and environmental goals intersect, highlighting the need for collaboration between governments, private capital, and development banks to finance the transition to net-zero.

The Real AI ROI: Fact or Fiction?

TCW — Mon, 23 Sep 2024 08:23:14 -0700

Artificial Intelligence (AI) is transforming industries, but where’s the return on investment? TCW’s Michael Reilly, Bo Fifer, and Evan Feagans dive into the gap between sky-high expectations and what’s really driving the growth of AI stocks. From the summer’s tech selloff to their view on fundamentals, they explore what is driving the next phase of growth. Tune in to discover whether AI’s ROI is already here —or if it’s still on the horizon.

Quick Take: A Fed Divided

TCW — Wed, 18 Sep 2024 17:25:06 -0700

The Federal Reserve’s 50-basis point rate cut was one of the central bank’s most hotly debated moves in years, with market participants searching for direction and a policymaking board clearly at odds. Minutes after Fed Chairman Jerome Powell wrapped up his press conference, TCW experts shared their first thoughts, predicting an aggressive pace of monetary easing with more cuts already on the way. Join Anisha Goodly as she hosts Jerry Cudzil, Jamie Patton, and Brian Gelfand in the latest episode of TCW’s Focus on Fixed Income, exploring how they are capitalizing on the shift this presents for fixed-income investors.

Ease on Down the Road

TCW — Thu, 12 Sep 2024 10:59:08 -0700

The Federal Reserve stands at a crossroads, poised to make its most consequential decision in years. Will rate cuts deliver the economic jolt everyone's hoping for, or are we in for a bumpier ride? Join TCW's David Vick as he sits down with Global Rates experts Jamie Patton and Bret Barker on what's really at stake for bond markets and beyond. From investor reaction to potential economic pitfalls, they're breaking down the Fed's next move and its ripple effects through 2025. Hit play for your financial GPS through the twists and turns ahead.

Signals from The Checkout Lane

TCW — Mon, 26 Aug 2024 11:13:38 -0700

With cautious shoppers hunting for bargains and avoiding big-ticket purchases, major retailers are witnessing a slowdown. Join TCW's Focus on Fixed Income experts as they explore why these trends raise critical questions about the broader economic outlook and whether the Federal Reserve's hopes for a soft landing are at risk. Hosted by David Vick, with guests Steven Purdy and Tania Salomon from Los Angeles.

Recession Roulette

TCW — Tue, 06 Aug 2024 14:26:01 -0700

The telltale signs of the U.S. sliding into a recession have ripped through global markets, with bond yields vacillating amid a broad repricing of frothy stock valuations. Listen to TCW's fixed income experts as they discuss the Federal Reserve's option to call an emergency meeting, aggressive policy measures to halt market hemorrhaging, and whether we're facing a new global financial crisis. David Vick hosts with guests Jerry Cudzil and Bret Barker in Los Angeles.

European Political Shifts: Navigating Market Turbulence?

TCW — Mon, 22 Jul 2024 08:10:05 -0700

As the left-wing secures an unexpected win in France and the Labour Party reclaims Downing Street in the UK, host Anisha Goodly sits down with TCW Global Rates Strategist Nick Verdi and EM Sovereign Research Head Blaise Antin to discuss the resulting market impact, potential fiscal challenges, along with implications for bond and currency investors.

Treasury Yields Strike Back

TCW — Mon, 01 Jul 2024 10:28:38 -0700

The bond market's early optimism for rate cuts during the first half of the year has given way to volatile trading and climbing yields. Host Patrick Moore is joined by Co-Heads of Global Rates Jamie Patton and Bret Barker to examine how the U.S. Treasury has become a key player in the fiscal battle to revive the economy.

Uncovering Upside in a Defensive Stance

TCW — Mon, 10 Jun 2024 08:12:28 -0700

With concerns about an economic slowdown, TCW has taken a defensive positioning across strategies. On this week's Focus on Fixed Income podcast, Host David Vick discusses compelling long-term opportunities with Co-Head of Global Securitized Peter Van Gelderen and Co-Head of Global Credit Brian Gelfand.

Emerging Markets: Strategic Importance in a Multipolar World

TCW — Tue, 04 Jun 2024 11:30:24 -0700

The Emerging Markets opportunity has transformed from one of convergence with the developed world to one of strategic importance and diversification. The de-risking of supply chains and the resulting regionalization of trade, the strategic demand for base metals to fuel the climate transition and the growth of AI, the structural growth of the EM middle class, and the demographic challenges facing the developed world are all making Developed Markets more dependent on alliances with EM countries. In our latest TCW Investment Perspectives, David Robbins, Co-Head – Emerging Markets, speaks with Anisha Goodly about how to take advantage of the increasing role of Emerging Markets in a multi-polar world.

ESG’s Evolution – Redefining Environmental Social Governance

TCW — Thu, 30 May 2024 08:26:34 -0700

TCW's Head of Retail Distribution Keith VanOrden speaks with TCW’s Global Head of Sustainable Investment Jamie Franco about the “challenging conversation” around Environmental Social Governance investing as the industry rebrands following political criticism, and how ESG evolved to focus on identifying companies where strategies in areas like energy efficiency and carbon accounting are enhancing profitability.

Explosion in Esoteric ABS issuance

TCW — Thu, 23 May 2024 15:28:16 -0700

Issuance of asset-backed securities has boomed over the past year. Is this an expansion of the opportunity set, or an example of late-cycle behavior? TCW Co-Head of Global Securitized Peter Van Gelderen and Senior Securitized Analyst Dom Bea discuss the drivers of growth in issuance and which areas of the market they view as compelling.

Euro Credit Market: A Beacon of Economic Divergence?

TCW — Thu, 09 May 2024 10:30:05 -0700

As European policymakers prepare to diverge from the Federal Reserve by cutting interest rates, Corporate Credit Trader Mike Carrion and Senior Credit Analyst Ross Higgins discuss how this widening gap between U.S. and European monetary policy is impacting credit markets on both sides of the Atlantic with effects on real estate valuations, corporate leverage, and energy transition.

Uncertainties Loom Over IMF's Spring Meeting

TCW — Thu, 02 May 2024 07:47:46 -0700

The IMF’s annual spring conference was punctuated by geopolitical and economic threats globally, and in this episode of TCW’’s “Investment Perspectives” Senior Sovereign Analyst Brett Rowley and Head of Sovereign Research Blaise Antin reveal the key takeaways to Anisha Goodly about what’s facing investors as we head to the midway point of 2024.

Commercial Real Estate – Emerging Opportunities During the Long, Hard Slog

TCW — Fri, 26 Apr 2024 13:22:43 -0700

On this week’s edition of “Focus On Fixed Income” TCW’s Jerry Cudzil discusses investment opportunities within the commercial real estate market with guests Liza Crawford and Peter Van Gelderen who explain where the value is after the pandemic disrupted office space and retail centers.

Is It Too Late to Start Investing in AI?

TCW — Fri, 19 Apr 2024 10:17:12 -0700

The market had a historically strong year in 2023, fueled to a large degree by tech stocks and Artificial Intelligence stocks in particular. AI is continuing to attract a lot of attention as an investment theme– leaving some wondering if 2024 is too late to start investing in the theme. In the latest episode of the TCW Investment Perspectives Podcast, Michael Reilly, Chief Investment Officer of TCW’s Equities Group & Director of Equity Research, discusses with Bo Fifer and Evan Feagans, Co-Portfolio Managers for the TCW Global Artificial Intelligence Equity Fund the rise in AI stocks and identifying opportunities as the sector continues to grow and mature.

Swiss Cheese Covenants Are Beginning to Spoil

TCW — Tue, 09 Apr 2024 16:17:08 -0700

Bond covenants are critically important protection for investors. Generalist Portfolio Manager Jerry Cudzil and Co-Head of Global Credit Steve Purdy discuss the weakening of those covenants over the past several years and how that trend is having a real impact on investors and outcomes.

Invirtiendo en un futuro mejor: Finanzas sostenibles en Latinoamérica y el Caribe

TCW — Mon, 01 Apr 2024 13:15:33 -0700

RECORDED IN SPANISH. TRANSCRIPT AVAILABLE IN ENGLISH.
Bonos verdes, sociales, sostenibles y otros instrumentos de deuda orientados a la sostenibilidad juegan un papel importante para los mercados de renta fija en América Latina y el Caribe. Cindy Paladines, nuestra analista senior de inversiones sostenibles, conversa con Mauro Roca, nuestro analista senior de la región, y Andrés Sanches, el líder de América Latina y el Caribe con el Climate Bonds Initiative, una organización que promueve los mercados sostenibles al nivel global, en este episodio de TCW Investment Perspectives.

Seizing Synchronicity: Fixed-Income Position for Global Rate Cuts

TCW — Wed, 27 Mar 2024 10:40:51 -0700

As central banks worldwide prepare to lower interest rates in tandem with the Fed's dovish shift, TCW's experts from London to New York to Los Angeles share insights on strategic fixed-income moves and contingency plans should the U.S. pull an about-face.

Dollars & Sense: Global Currency Plays as Greenback Stuck

TCW — Mon, 25 Mar 2024 08:22:48 -0700

Jae Lee breaks down global currency plays with Anisha Goodly, saying even delayed interest rate cuts by the Federal Reserve won’t provide much lift for an already overvalued dollar.

Private Credit in Uncertain Times

TCW — Mon, 18 Mar 2024 08:39:50 -0700

Rick Miller sits down with Will Lloyd to dissect the meteoric rise of the direct lending market, exploring whether a potential downturn may present an opportunity to scoop up distressed assets at attractive valuations.

The U.S. Economy in 2024: The Glass is Half …?

TCW — Wed, 13 Mar 2024 15:30:18 -0700

Tune in to the premiere episode of 'Focused on Fixed Income,' where TCW provides high-level analysis on the forces driving bond and credit markets. Bryan Whalen and Tammy Karp sit down with David Vick to dissect lingering economic headwinds as the Federal Reserve convenes crucial meetings on interest rates.

The AI Prescription for Healthcare

TCW — Mon, 26 Feb 2024 08:03:25 -0800

Bo Fifer and Matthew Lowe sit down with Michael Reilly to discuss how the booming artificial intelligence space may have a big impact streamlining the $4.7 trillion U.S. healthcare industry.

Economic Frontlines: Finance in the Middle East Crossfire

TCW — Tue, 20 Feb 2024 09:27:20 -0800

Before embarking on a multi-country trip to meet Middle East finance ministers, Brett Rowley sits down with Anisha Goodly to explore economic consequences Israel's conflict in Gaza has on the region.

Opportunities in Emerging Markets – TCW’s 2024 Outlook

TCW — Fri, 15 Dec 2023 16:38:09 -0800

Penny Foley and David Robbins, co-heads of emerging markets for fixed income strategies, sat down with Anisha Goodly to discuss their outlook for 2024. Their constructive view is based upon a combination of better growth dynamics in EM relative to Developed Markets, improving inflation globally, reduced U.S. rates volatility and attractive valuations relative to history.

Post-IMF Recap: Turnaround Stories Abound

TCW — Tue, 31 Oct 2023 08:37:51 -0700

Darkest Before the Dawn: Cautious Optimism in China

TCW — Tue, 03 Oct 2023 12:41:34 -0700

Following a recent trip to China, Dave Loevinger sits down with Anisha Goodly to discuss observations on the country's growth drivers, updates on U.S.-China relations, and expectations for the year ahead.

Climate Week & Takeaways for Climate Finance

TCW — Mon, 25 Sep 2023 11:07:32 -0700

Jamie Franco and Cindy Paladines discuss main takeaways from Climate Week NYC and the roundtable TCW hosted with the Institute for International Finance (IIF), "Next Steps Blended Finance in Emerging Markets." This episode covers investment themes around climate transition, risks and opportunities associated with decarbonization, and climate finance in emerging markets.

Stressed Out: Rate Hikes Pushing Up Corporate Defaults

TCW — Mon, 18 Sep 2023 14:34:39 -0700

Drew Sweeney and Ken Toshima discuss the recent pick up in default rates and downgrades in leveraged loans, reflecting a clear stress on smaller corporate borrowers stemming from interest rate hikes, and where we think the credit markets are headed.

Turning Tides in EM Local Currency

TCW — Wed, 16 Aug 2023 11:19:52 -0700

Anisha Goodly and Jae Lee discuss the effects of volatility in EM Local Currency and where TCW expects to find growth as we near the end of interest rates hiking cycles.

The Fed and Inflation: Making Progress

TCW — Wed, 26 Jul 2023 15:23:50 -0700

Jamie Patton discusses the Fed’s rate path, why elevated inflation is persistent, and how TCW is thinking about volatility and portfolio positioning.

Emerging Markets Mid-Year Outlook: Room to Grow

TCW — Wed, 19 Jul 2023 15:56:51 -0700

Anisha Goodly and Christopher Hays discuss TCW’s constructive view on emerging markets as we move into the second half of the year, focusing on valuations, risks and mitigations, and the diverse market opportunities ahead.

Will AI Revolutionize Sustainability?

TCW — Mon, 10 Jul 2023 09:42:12 -0700

Cindy Paladines and Evan Feagans discuss the prospects and sustainability challenges associated with AI and how this technology will continue to influence sectors, regulations, and sustainable investment themes.

Russia in a New Time of Troubles

TCW — Thu, 29 Jun 2023 14:18:21 -0700

Anisha Goodly talks with Blaise Antin about the economic and political implications of the latest developments in Russia, as well as the market opportunities created across the broader Emerging European region.

Emerging Markets Outlook: No Quick Fixes for Africa

TCW — Tue, 06 Jun 2023 13:47:13 -0700

Anisha Goodly and Brett Rowley discuss the African Development Bank meetings, key drivers of recent economic growth throughout the region, and investment opportunities we're looking for alongside sustainable development goals.

Emerging Markets Outlook on Post-Pandemic China

TCW — Tue, 30 May 2023 15:39:11 -0700

Anisha Goodly, Emerging Markets Portfolio Specialist, and Dave Loevinger, Asia Sovereign Analyst, discuss Dave's first trip back to China since the COVID-19 pandemic, with key observations on China’s recent growth, US-China and China-Taiwan relations, and potential risks at hand.

IMF Spring Meetings Recap

TCW — Tue, 23 May 2023 11:38:35 -0700

Emerging Markets Portfolio Specialist Anisha Goodly is joined by Asia Sovereign Analyst Dave Loevinger and Middle East and Africa Analyst Brett Rowley to discuss key takeaways from the recent IMF World Bank spring meetings.

2023 Sustainability Outlook

TCW — Fri, 19 May 2023 09:34:23 -0700

Jamie Franco and Harun Dogo, co-heads of TCW’s Sustainable Investment Group, discuss recent policy actions that are transforming sustainable investment outlook, as well as how firms and regulators are responding to these changes.

Looking Ahead to 2023 for Opportunities in Equity Markets

TCW — Tue, 16 May 2023 14:46:13 -0700

Diane Jaffee discusses her outlook for equity markets as we enter 2023, and provides insights as to why value is outperforming growth in the current environment.

Outlook and Viewpoints on China

TCW — Wed, 10 May 2023 10:34:28 -0700

Anisha Goodly, Emerging Markets Portfolio Specialist, is joined by Dave Loevinger, Asia Sovereign Analyst, to discuss market outlook on China, the possibility of renewed economic growth in 2023, and the impact President Xi’s power consolidation may have on the economy and policy.