In a WEALTHTRACK Exclusive, Treasury Bond manager Robert Kessler warns of recession ahead & which U.S. Treasury securities are the purest play on Federal Reserve interest rate policies.
OWN SOME U.S. TREASURIES
OWN SOME U.S. TREASURIES Safe haven asset class in recession eras U.S. rates higher than other developed markets Longer maturity = more dramatic price moves Every 1% decline in yield: – 2-yr Treasury note value + 1.9% – 10-yr Treasury note value + 8.6% – 30-yr Treasury bond value +19.1% Watch the related WEALTHTRACK episode.
KESSLER: INVESTMENT TRAVEL
INVESTMENT TRAVEL Investment manager Robert Kessler specializes in managed U.S. Treasury portfolios but he has clients all over the world. A seasoned globe trotter he believes travel translates into better investing. Watch the related WEALTHTRACK episode.
PAY ATTENTION TO THE FEDERAL RESERVE
PAY ATTENTION TO THE FEDERAL RESERVE U.S Central Bank is the most powerful financial institution in the world Fed increasingly open about its policies What Fed Chairman and Fed policy statements say matter Fed decisions affect financial markets and economic conditions globally Follow Fed policies on their website www.federalreserve.gov Watch the related WEALTHTRACK episode.
MCCULLEY: THE JOY OF TEACHING
When Paul McCulley left PIMCO at the peak of his career in 2010 it took multiple people to fill the jobs he held. For the last two and a half years he has had one very part-time job, Senior Fellow in Financial Macroeconomics & Adjunct Professor of Law at Cornell Law School.
PRESCIENT ECONOMIST & FED EXPERT PAUL MCCULLEY ON NO RECESSION AHEAD & FED’S TIGHTENING DONE
Former PIMCO strategist, portfolio manager, and Chief Economist Paul McCulley warned about the credit bubble years before it burst. What is he watching now?
