First Quarter 2024 Quarterly Macro Themes

March 27, 2024

Quarterly Macro Themes, a quarterly publication by our Macroeconomic and Investment Research Group, explores critical and timely areas of research and updates our baseline views on the economy.

While recession risk has been reduced, it is far from eliminated.
Despite some recent bumps in the road, inflation is heading lower.
Large and small companies face divergent challenges this year.
We expect commercial real estate-related stress to get worse.
Rising fiscal spending will eventually push interest rates higher.

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Macroeconomic Update: Fed Shifting to Easing Mode as Inflation and Labor Market Cool

Macroeconomic Update: Despite Q1 Setback, Lower Inflation and Fed Cuts Still Coming

FEATURED PERSPECTIVES

November 19, 2024

Fourth Quarter 2024 Fixed-Income Sector Views

A good time for active fixed-income management.

October 10, 2024

Fed Rate Cuts Are Positive for Leveraged Credit (With a Few Caveats)

Effects of rate cuts on high yield bonds may be mixed.

September 26, 2024

Third 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?

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

Macro Markets Podcast Episode 59: Finding Value Now in ABS, MBS, and CLOs (Plus Listener Mail)

Karthik Narayanan, Head of Structured Credit, joins Macro Markets to discuss what makes the sector an important component of our actively managed fixed-income portfolios and where we are finding value now.

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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.

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