/institutional/perspectives/media/what-the-weak-jobs-report-means-for-fed-policy

What the Weak Jobs Report Means for Fed Policy

Steve Brown, CIO, Fixed Income for Guggenheim Partners Investment Management, joins Bloomberg TV to discuss the weak July jobs report and implications for fixed-income investors.

August 02, 2024

 

 

Key Takeaways:

  • More downside risk in the economy
  • Our base case is still for a slowdown, not recession.
  • Positioned for a terminal rate of around 3 percent.
  • Expect an upward sloping yield curve over time.

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Macro Markets


Tune in to Macro Markets to hear the top minds of Guggenheim Investments offer timely analysis on financial market trends. Guests include portfolio managers, fixed income sector heads, members of the Macroeconomic and Investment Research Group, and more.








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