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Podcast: Money Life with Chuck Jaffe
Episode: Bond fund legend Dan Fuss says this Fed has pulled off an all-time feat
Description: Legendary bond fund manager Dan Fuss -- the vice chairman at Loomis Sayles & Co. -- says that while the Federal Reserve was "caught and delayed" in responding to inflation, he gives them "a whole lot of credit" for pulling the economy out of the doldrums while avoiding a crash, noting that this central bank's performance is among the most impressive for any central bank he has watched in his 60-plus year career. Fuss says the market is "fund, it is one of the most impressive accomplishments he has seen from the central bankers. Fuss expects the yield curve the...