Robert J. Schoen
Co-Chief Investment Officer, Global Asset Allocation
More from the team
Fixed income markets experienced widespread declines in the U.S. and globally in the third quarter of 2022, as inflation remained high and became more broad-based.
We outline possible scenarios for inflation and recession in the year ahead and how global forces play roles.
In the coming months, the Fed will not likely pivot, but pause and wait with a high level of rates for convincing signs of disinflation.