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Podcast: Money Life with Chuck Jaffe
Episode: Loomis Sayles' Fuss: Rates and inflation won't decline quickly
Description: Dan Fuss, vice chairman at Loomis Sayles, says that while interest rates and inflation are rising, the rate of those increases is slowing, and that part of the classic cycle doesn't ever get resolved quickly. is part of the classic cycle that has historically taken time to work out. The 89-year-old bond investing legend says the Federal Reserve has a tough job on its hands and places the central bank's odds of being successful in executing a soft landing are about 10 percent, though he thinks there's a better chance that it can push through the cycle without a downturn t...