/institutional/perspectives/media/what-the-weak-jobs-report-means-for-fed-policy

What the Weak Jobs Report Means for Fed Policy

Steve Brown, CIO, Fixed Income for Guggenheim Partners Investment Management, joins Bloomberg TV to discuss the weak July jobs report and implications for fixed-income investors.

August 02, 2024

 

 

Key Takeaways:

  • More downside risk in the economy
  • Our base case is still for a slowdown, not recession.
  • Positioned for a terminal rate of around 3 percent.
  • Expect an upward sloping yield curve over time.

FEATURED PERSPECTIVES

August 20, 2024

Third Quarter 2024 Fixed-Income Sector Views

Preparing for Expected Rate Cuts

July 29, 2024

Lessons from the Distress Ratio: Stay Constructive on Higher Quality High Yield and Bank Loans

Distress ratios suggest manageable default rates.

June 28, 2024

Second Quarter 2024 Quarterly Macro Themes

Research spotlight on what’s next.


VIDEOS AND PODCASTS

Are Fixed-Income Investors Being Compensated for the Risks They Are Taking? 

Are Fixed-Income Investors Being Compensated for the Risks They Are Taking?

Maria Giraldo, Investment Strategist for Guggenheim Investments, joins Asset TV’s Fixed Income Masterclass.

Macro Markets Podcast 

Macro Markets Podcast Episode 56: Bond Market Insights from a Fed Insider

Patricia Zobel, Head of our Macroeconomic Research and Market Strategy Group, joins Macro Markets to discuss the July FOMC decision and jobs report and update our market outlook.







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Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Japan Limited, and GS GAMMA Advisors, LLC.