
Macro Matters: Federated Hermes Gallo on Fixed Income Outlook
FICC Focus
00:00
Navigating Macroeconomic Data and Political Impact
This chapter explores the reliability of U.S. macroeconomic data and the challenges associated with survey-based statistics, especially in employment. It highlights the influence of political actions on statistical offices and the Federal Reserve's decision-making, particularly regarding interest rates and fiscal policy. Additionally, the chapter addresses the effects of recent fiscal policies, including tariffs, on the economy and investment strategies, underlining the complexities of maintaining investor confidence amid shifting demand patterns.
Transcript
Play full episode