AAM's View of the 25bps Fed Rate Hike and how Energy Influences Economic Conditions

In this episode of The Portfolio Fix, Marco Bravo interprets today's 25 basis point interest rate hike by the Fed and the comments from  Chairman Powell.  Patrick McGeever also describes how  oil prices are expected to effect economic growth and why he is recommending we reduce exposure to energy bonds.

Episode Host: Patrick McGeever - Senior Corporate Analyst

Fed Section:  Marco Bravo – Senior Portfolio Manager

Energy Forecast:  Patrick McGeever -  Senior Corporate Analyst

Sources:  The Federal Reserve, Blue Chip Economics, Bureau of Labor Statistics, OPEC, Bloomberg

This episode of The Portfolio Fix was recorded on March 16, 2022.   Any timely data or views should be considered as of this date unless otherwise specified.

Opinions and statements of financial market trends that are based on market conditions constitute our judgment and are subject to change without notice. Historic market trends are not reliable indicators of actual future market behavior. This  material may contain projections or other forward-looking statements regarding future events, targets or expectations, and is only current as of the date indicated. There is no assurance that such events or targets will be achieved, and may be significantly different than that shown here. The information presented, including statements concerning financial market trends, is based on current market conditions, which will fluctuate and may be superseded by subsequent market events or for other reasons. Although the assumptions underlying the forward-looking statements  that may be contained herein are believed to be reasonable they can be affected by inaccurate assumptions or by known or unknown risks and uncertainties. AAM assumes no duty to provide updates to any analysis contained herein.

Recommendations are that of AAM and subject to change should market conditions warrant. This material is for informational purposes only and does not constitute any advice or a recommendation to purchase any securities or other financial instruments, and may not be construed as such. 

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