Episodes
Wednesday Nov 13, 2024
November 2024 fixed income headlines – Jeff Moore
Wednesday Nov 13, 2024
Wednesday Nov 13, 2024
We connect with portfolio manager Jeff Moore to get his thoughts on the US elections, the impending rate cute announcement by the Fed and how both events could potentially affect the markets. Jeff says the market stability hinges on timely election results in the bond and stock markets. He says investors should maintain existing trades and add the main stabilizer of the bond markets will depend on if there are clear cut election results. Jeff says there is a high likelihood that the current government debt will prompt higher taxes, cause spending cuts, and potentially both higher taxes and spending cuts could occur. No matter the result, the election is expected to bring stability as markets revert to usual trends post-certification. Jeff says it’s important to continue to focus on inflation, employment, and GDP growth, and shaping monetary policy and rates.
Recorded on November 4, 2024.
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