Reducing Corporate Exposure and Adding Mortgages Following Latest Fed Hike

In the latest episode of The Portfolio Fix, Marco Bravo details why AAM expects inflation to remain higher than consensus and what that likely means for rates and risk assets.  Dan Byrnes describes the new opportunity AAM sees in mortgages and notes how unrealized losses can affect portfolio management flexibility. 

Sources: The Federal Reserve, Bureau of Labor Statistics, Truist Securities

This episode of The Portfolio Fix was recorded on September 23, 2022.  Any timely data or views should be considered as of this date unless otherwise specified.

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