“We Are Seeing Cracks All Over the Place.”

Scott Minerd, Chairman of Guggenheim Investments and Guggenheim Partners Global CIO, joins CNBC to discuss ramifications of aggressive Fed tightening.

October 06, 2022

Key Takeaways:

The Fed is closer to the end of their tightening cycle, but it is clearly not done.
The end of rate hikes won’t be because of macroeconomic factors. The end of Fed tightening will come when something breaks.
The further we get into restrictive territory, the more likely it becomes that we see black swans like the U.K. gilt market.
The rapidly appreciating U.S. dollar is a wrecking ball on global economies.
As challenging as 2022 has been, bonds are being offered at yields we haven’t seen in decades.

Read 10 Macro Themes for 2023

Macro Markets Podcast Episode 22: Investors' Guide to the Fed’s Hard Landing

Macro Markets Podcast Episode 23: A CIO’s View of the Bond Market

FEATURED PERSPECTIVES

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Fixed Income Is Now a Buyer’s Market

Improved value proposition in credit.

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Second Quarter 2023 Fixed-Income Sector Views

Opportunity in fixed income rises with uncertainty.

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The Pre-Recession Playbook for Up in Quality

An opportunity for active management.

VIDEOS AND PODCASTS

2022’s Upside: The Fed Has Put the Income Back in Fixed Income

2022’s Upside: The Fed Has Put the Income Back in Fixed Income

Anne Walsh, Chief Investment Officer for Fixed Income at Guggenheim Investments, joined Asset TV to discuss macroeconomic conditions, risk, and relative value in the bond market.

Macro Markets Podcast

Macro Markets Podcast Episode 35: A Deep Dive into Municipal Bonds

Allen Li, Managing Director and Head of Guggenheim Investments' Municipal Bond Sector Team, explains the structure and characteristics of the $4 trillion municipal market, the importance of technical dynamics, and where he is finding value.

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