In this episode of The Portfolio Fix, Marco Bravo details why AAM expects inflation to remain above consensus expectations for the remainder of the year. He also details how the Fed is likely to respond, why growth will be challenged and how the markets are reacting. Andy Bohlin also describes why Utility bills are contributing to inflation and why the sector faces challenges it hasn’t had to deal with in years.

Sources: Bureau of Labor Statistics; The Federal Reserve, U.S. Census Bureau, National Association of Realtors.

This episode of The Portfolio Fix was recorded on June 19 & July 22, 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statements concerning financial market trends, is based on current market conditions, which will fluctuate and may be superseded by subsequent market events or for other reasons.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. 

For more information and a list of full disclosures please visit the disclaimers section at the bottom of the webpage: https://aamcompany.com/the-portfolio-fix-a-podcast-with-aam/

In this episode of The Portfolio Fix, Marco Bravo digests the recent inflationary data and explains why AAM expects the Fed to continue to tighten at each of its remaining meetings in 2022. Mike Ashley follows with details on why the Environmental Services Industry can provide a port in the storm for our fixed income clients.

Episode Host: Patrick McGeever – Senior Corporate Analyst

Inflation Section: Marco Bravo – Senior Portfolio Manager

Environmental Services Industry Forecast: Mike Ashley –  Senior Analyst & Co-Head of Investment Grade Strategy

Sources: Bureau of Economic Analysis and company reports

This episode of The Portfolio Fix was recorded on May 27, 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. 

For more information and a list of full disclosures please visit the disclaimers section at the bottom of the webpage: https://aamcompany.com/the-portfolio-fix-a-podcast-with-aam/

In this episode of The Portfolio Fix, Marco Bravo explains quantitative tightening and why several 50bps interest rate hikes by the Fed seem likely in 2022. Additionally, Garrett Dungee explains how the insurance industry is successfully managing the volatile interest rate environment and why insurance providers are optimistic for the remainder of the year.  

Episode Host: Patrick McGeever – Senior Corporate Analyst

Fed Section:  Marco Bravo – Senior Portfolio Manager

Forecast:  Garrett Dungee –  Senior Fixed Income Credit Analyst

Sources: The Federal Reserve, Bloomberg, Blue Chip Economics, Marsh, LIMRA Secure Retirement Institute

This episode of The Portfolio Fix was recorded on April 8th, 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. 

For more information and a list of full disclosures please visit the disclaimers section at the bottom of the webpage: https://aamcompany.com/the-portfolio-fix-a-podcast-with-aam/

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. 

For more information and a list of full disclosures please visit the disclaimers section at the bottom of the webpage: https://aamcompany.com/the-portfolio-fix-a-podcast-with-aam/

In this episode of The Portfolio Fix, Marco Bravo discusses what the Fed Pivot may mean for monetary policy and interest rates and Mike Ashley describes why the health of the consumer should lead to strong results for Retailers this holiday season.

Episode Host: Patrick McGeever – Senior Corporate Analyst
Fed Section:  Marco Bravo – Senior Portfolio Manager
Consumer Health Forecast:  Michael Ashley –  Senior Analyst & Co-Head of Investment Grade Strategy
Sources:  The Federal Reserve, The Bureau of Labor Statistics, Mortgage Bankers Association and The Conference Board.

This episode of The Portfolio Fix was recorded on December 9, 2021.   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.

For more information and a list of full disclosures please visit the disclaimers section at the bottom of the webpage: https://aamcompany.com/the-portfolio-fix-a-podcast-with-aam/

In this episode of The Portfolio Fix, Marco Bravo details how the recent inflation data is feeding into consumer sentiment.  Additionally, Mohammed Ahmed details the structured product options available to investors seeking ESG solutions.

Episode Host: Patrick McGeever – Senior Corporate Analyst
Participant:  Mohamed Ahmed – Senior Analyst – Structured Products
Economic Update:  Marco Bravo, CFA – Senior Portfolio Manager 

Sources: Bureau of Labor Statistics, University of Michigan.

This episode of The Portfolio Fix was recorded on November 16, 2021.  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.

For more information and a list of full disclosures please visit the disclaimers section at the bottom of the webpage: https://aamcompany.com/the-portfolio-fix-a-podcast-with-aam/