Video Transcript
So we just got back from the IMF meetings in Washington, DC. One of the big takeaways from the IMF meetings was this very doom-and-gloom type of scenario—this idea that avoiding a global recession within the first half of next year seems less and less likely. The only silver lining seems to be that people expect the Fed to stop hiking rates, inflation to roll over, in the first half of the year. And that could potentially create a catalyst for strong positive returns. Since fixed-income yields have risen so much since the Fed started hiking rates, it provides a much more attractive entry point for the asset class.
Disclosure
October 2022
The views and opinions expressed herein are those of the speaker(s) as of the date of publication, are subject to change without notice as economic and market conditions dictate, and may not reflect the views and opinions of other investment teams within William Blair. Factual information has been obtained from sources we believe to be reliable, but its accuracy, completeness, or interpretation cannot be guaranteed. This material may include estimates, outlooks, projections, and other forward-looking statements. Due to a variety of factors, actual events may differ significantly from those presented. This video has been provided for informational purposes only and should not be considered as investment advice or a recommendation of any particular strategy or investment product, or as an offer to buy or sell any securities or related financial instruments in any jurisdiction. Investment advice and recommendations can be provided only after careful consideration of an investor’s objectives, guidelines, and restrictions. Investing involves risks, including the possible loss of principal. Past performance is not indicative of future results.
Copyright © 2022 William Blair. “William Blair” refers to William Blair Investment Management, LLC. William Blair is a registered trademark of William Blair & Company, L.L.C.