We're in the business of providing that to clients and creating, you know, risk-adjusted asset allocations. So for us, we're not heavily tactical, but if we are not at target on certain asset classes, we will make adjustments. I think at this moment where interest rates are, making adjustments, extending duration on the margin within fixed income makes sense. As you said earlier, there's an alternative stocks at this point because of the move-up that we've seen in various fixed Income and yields in particular.
Bloomberg News International Economics and Policy Correspondent Michael McKee discusses his interview with San Francisco Fed President Mary Daly, who sees a high bar for slowing the central bank’s 75 basis-point pace of interest-rate increases. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Big Tech Team Leader Sarah Frier share the details of Sarah's story Elon Musk's Twitter Reversal Might Not Be the End of the Story. Bloomberg Technology Executive Editor Tom Giles explains why Musk’s Everything App ‘X’ sounds a lot like China’s WeChat. And we Drive to the Close Aaron Kennon, CEO at Clear Harbor Asset Management.
Hosts: Carol Massar and Ed Ludlow. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.