Sharpe Is Back in Emerging Markets

Published on June 22, 2026

Emerging market (EM) fixed income's risk-adjusted profile has meaningfully improved. Sharpe ratios across EM credit and local rates have rebounded, with EM credit delivering one of the strongest risk-adjusted performances in fixed income over the past two years.

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AI Downsides Dominate Discourse

June 22, 2026
At graduation ceremonies, audiences are often reminded to limit their audible reactions and hold applause, so that all graduates’ names can be heard. But a few viral videos this year showed a new disturbance to be managed: graduating students booing speakers if they extolled the virtues of artificial intelligence (AI).

Federal court enters consent order requiring 3 Maine sports bars to pay $51K in back wages to 47 employees

June 22, 2026
PORTLAND, ME – A federal court has entered a consent order requiring three sports bars to pay $51,775 in back wages to 47 employees, and $31,436 in civil money penalties, resolving the U.S. Department of Labor’s case alleging the employers violated federal wage and child labor law.Entered on June 4, 2026, in the U.S. District Court for the District of Maine, the consent judgment and order resolve