PGIM Fixed Income's Podcast Series, All The Credit: Episode 3

April 15, 2020

 

In Episode 3 of All The Credit, host and Senior Portfolio Manager Mike Collins welcomes Nathan Sheets, PGIM Fixed Income's Chief Economist and Head of Global Macroeconomic Research, for a discussion about the current market crisis. Nathan draws on his prior experience at the Federal Reserve to compare the fiscal and monetary policy response to the recent economic volatility with that of the recession of 2008 while providing potential scenarios on what a recovery and return to normal could look like. The two also discuss the potential path forward for global interest rates, where risks and opportunities for active investors are emerging, and more.

Listen to the Full Podcast

 

Highlights

Potential Trajectory of the Virus: 9:00

Shape of the Recovery 11:30

Fed Policy Response to COVID-19: 17:20

Impact of Fed Policy and Funds Rate Projection: 22:20

Opportunities in the Bond Market: 27:10

 

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Fixed income investments are subject to interest rate risk, where their value will decline as interest rates rise. Actively managed portfolios may carry additional risks, such as analyses performed cannot always predict outcomes, that the investment techniques applied do not have the expected results and that external factors can change the course of investment performance. The fees associated with active management may be higher than those associated with passive strategies.

This podcast is for Professional Investors only.

 

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