Third Quarter 2024 Quarterly Macro Themes

September 26, 2024

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

The environment ahead favors higher quality fixed-income management.
The Fed needs to act quickly to prevent a more damaging labor market slowdown.
Reduced fiscal spending is likely to add to economic headwinds.
The decline in immigrant labor supply will likely weigh on growth.
Healthy profits should help the corporate sector weather a downturn.

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Macroeconomic Update: Fed Needs to Act to Prevent Normalization Turning into a Downturn

Macroeconomic Update: Recent Data Reduces (But Does Not Remove) Downside Risks

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.

May 16, 2024

The Economic Cycle Isn’t Dead, Merely Delayed… And That’s Good for Bonds

Navigating an economic cycle where old patterns don’t seem to apply.

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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