Senior Macroeconomist Steven Friedman shares his post-FOMC thoughts on monetary policy and economics.   He also meets with portfolio managers mid-cycle to discuss markets and investment opportunities.


 

“Historical data illustrates a more stable distribution of bond returns compared to equities. In our view, bonds are quite resilient and with far less risk relative to equities.”

Steven Friedman, Senior Macroeconomist, Head of the Macro and Quantitative Solutions Team

 

Navigating Policy Credibility Risks

Concerns over Federal Reserve independence, a change atop the Bureau of Labor Statistics and long-run fiscal issues pose risks to US policy credibility. Listen to our latest edition of Forward Guidance for how these developments impact our market and portfolio views.