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Attractive Opportunities in Credit Despite Fiscal Policy Volatility 

Anne Walsh, CIO of Guggenheim Partners Investment Management, talks to Bloomberg TV at the Milken Institute Global Conference about trade, tariffs, taxes, and the future direction of monetary policy.

May 09, 2025

 

 

Key Takeaways:

  • Fiscal policy, including trade and deregulation, is currently more impactful than monetary policy.
  • Bond market concerns focus on Treasury issuance and supply/demand imbalances.
  • Managing the deficit requires reducing government spending to pre-COVID levels.
  • The Federal Reserve could still cut rates despite inflationary pressures from tariffs.
  • The effect the current geopolitical trust deficit is having on U.S. assets is a concern.

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