Bob Gahagan, Senior Vice President, Senior Portfolio Manager and Balaji Venkataraman, Client Portfolio Manager, American Century Investments discusses the state of economy and key macroeconomic drivers.
For more insights, register & watch American Century Investments webcast: From Inflation Shocks to Recession Fears.
As the Fed attempts to tame raging inflation with aggressive rate hikes, the economy remains in the crosshairs. Tighter financial conditions, in response to elevated inflation, likely will take a toll on consumer spending and corporate sentiment. Accordingly, we believe recession is the most likely economic outcome within the next few quarters.
Join Bob Gahagan, senior vice president and senior portfolio manager for American Century Investment’s core bond and inflation-protection strategies, and Balaji Venkataraman, client portfolio manager, as they discuss their market outlook.
What you can expect to learn:
- The potential risks to investors from the Fed’s hawkish policy, including financial market instability.
- The likelihood of inflation moderating but remaining uncomfortably high due to certain influences.
- The portfolio adjustments they’re making, including extending duration, with recession likely on the horizon.