How the Fed got so powerful
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Explore "municipal bonds" with insightful episodes like "How the Fed got so powerful", "Pimco's Dan Ivascyn on the State of Markets Right Now" and "We Built This City (on Muni Bonds)" from podcasts like ""The Indicator from Planet Money", "Odd Lots" and "Money Rehab with Nicole Lapin"" and more!
Markets have staged an impressive bounce since the middle of June. Stocks are way up. Credit spreads have come in. Mortgage rates have tightened again. And long rates have mellowed out. So is the coast all clear? On this episode of the podcast, we speak with Pimco Group Chief Investment Officer Dan Ivascyn about why this is an environment characterized by a high level of uncertainty. It's not that he's pessimistic or bearish, per se, but rather that there are risks all over the place as the Federal Reserve attempts to tame inflation.
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