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Podcast: Money Life with Chuck Jaffe
Episode: Allspring's Bory: Despite inverted yield curve, lengthen maturities now
Description: George Bory, chief investment strategist for fixed income at Allspring Global Investments, says that investors should lean into the currently inverted yield curve and buy bonds for f longer maturities so that they can lock down. High current interest rates before the Federal Reserve decides to cut rates. Bory also notes that he expects the federal government to avoid a true default but explains that a downgrade from ratings agencies won't be the big deal most authorities expect. Plus Tom Lydon, vice chairman at VettaFi turns to a small-cap co weed-call fund for his 'ETFof the Week,'  and Ray...