Today's guest has a contrarian bullish view on bonds, especially when looking out over the next 3 to 5 years.While consensus still leans cautious, his take is that this moment offers a rare setup for strong bond performance.Why? Well, let's ask the man himselfToday we have the good fortune to welcome to the program Jim Masturzo, CIO of Multi-Asset Strategies at Research Affiliates.Around $150 billion in assets are managed worldwide using investment strategies developed by Research Affiliates.
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com#bonds #interestrates #treasurybonds
0:00 - Jim Masturzo's contrarian bullish view on bonds
1:49 - Current assessment of economy and financial markets
4:13 - Why the market is too bearish on bonds
8:35 - Tariffs as a one-time price shock vs. sustained inflation
11:36 - Factors for higher vs. lower bond yields
16:03 - US treasuries remain a safe haven despite reduced foreign purchases
20:34 - Economic slowdown and Fed interventions favor lower yields
24:40 - No strong recession concerns, focus on diversification
26:46 - Opportunities in emerging market equities and local debt
32:28 - Attractive valuations in Brazil, Turkey, and Eastern Europe
37:03 - Retail investors should stick to emerging market ETFs
40:25 - Duration favorable for bonds as yields decline
44:02 - Risks in private credit for retail investors
51:31 - Commodity outlook: favor active management over passive
56:16 - Advice for retail investors: focus on education and diversification_____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance.IMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2025 Thoughtful Money LLC. All rights reserved.
