Kathy Jones

Kathy Jones, Chief Fixed Income Strategist at Schwab, brings sharp insights into the bond market's current landscape. She navigates the complexities of rising inflation and federal debt, offering tactical strategies for investors. The conversation creatively uses surfing as a metaphor for tackling market challenges. Additionally, the hosts delve into the exciting world of quantum computing, discussing its potential to revolutionize technology with applications in drug discovery and machine learning, while referencing NVIDIA's stock performance.

Rick Wurster, President & CEO of Charles Schwab, reflects on retail investors' role in the market and how Schwab is attracting Gen Z. Lizanne Saunders discusses narrow index gains, the impact of AI on productivity, and the necessity of adaptation for workers. Omar Aguilar emphasizes strong corporate balance sheets and the risks of speculative trading. Kathy Jones analyzes the bond market and hidden risks in private credit, shedding light on the Fed's cautious navigation amidst mixed economic signals.

Kathy Jones, Chief Fixed Income Strategist at Charles Schwab, joins to unravel the Fed's tightrope walk between battling inflation and fostering job growth. She discusses the unprecedented drama surrounding the Fed meeting, including the political pressures impacting its independence. Kathy delves into the implications of rising fiscal deficits on Treasury yields and foreign demand for U.S. debt. She also shares key insights for bond investors, emphasizing the importance of duration and quality amid current market uncertainty.

Schwab's Kathy Jones discusses fixed income strategy, bonds versus bond funds, and the importance of diversification. The podcast also touches on stock market trends, inflation expectations, TIPS versus nominal Treasuries, and the risks of investing in crypto. Jack adds some light-hearted banter about stocks along the way.

Ethan Harris, BofA Securities Head of Global Economics, sees a mild recession early next year. Frances Donald, Manulife Investment Management Global Chief Economist & Strategist says market is pricing in four Fed rate cuts next year. Kathy Jones, Charles Schwab Chief Fixed Income Strategist says there's a lot of disinflation in the pipeline. Dan Ives, Wedbush Sr. Research Analyst says AI is going to bigger than the street anticipates. Sean O'Brien, Brotherhood of Teamsters General President says Amazon is definitely a target going forward.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.