27 min listen
The muni landscape heading into a downturn
FromInsights Now
ratings:
Length:
16 minutes
Released:
May 11, 2023
Format:
Podcast episode
Description
After significant monetary tightening over the last year, the Federal Reserve has now hiked rates all the way up to a range of 5-5.25%, but this tightening cycle may finally be at a close. With elevated risk of a near-term recession, markets are now expecting the Fed to pivot to rate cuts before the end of the year. For investors, an environment where economic conditions are looking precarious, and rates may soon be headed downwards, an active approach towards fixed income exposure is particularly important. On today's episode, we're going to focus on municipal bonds, which may be an effective way for investors to access high-quality and attractive tax-exempt yields in portfolios, particularly when heading into a downturn. To discuss this, Dr. David Kelly is joined by Richard Taormina, a portfolio manager for several municipal bond strategies here at JP Morgan Asset Management.
For more insights on the Guide to the Markets, visit the link here.
For more insights on the Guide to the Markets, visit the link here.
Released:
May 11, 2023
Format:
Podcast episode
Titles in the series (71)
The 21st century economy: Technological change is, of course, the most powerful force shaping the economy of the future. Tune in to hear David Kelly and Global Market Strategist, Jack Manley discuss how the impact of technological innovations is shaping the world and the investme... by Insights Now