Today on the program, we welcome back portfolio manager Jeff Moore as he discusses the state of fixed income for the rest of 2023. Inflation is rising, and so is consumer spending. The latest CPI, PPI, and retail data out of the US all rose, largely from a big jump in energy prices. The recent figures indicate that consumers will continue to hold up well despite rising prices and increasing levels of credit card debt. What might this mean for the Fed, and for you?  Jeff and host Pamela Ritchie delve into the Fed's strategy, the health of corporations, and the high yield market. Jeff reinforces the bond market's view that inflation is under control. He also expresses optimism about treasuries, citing positive real rates. He discusses the importance of flexibility in fixed income allocation and highlights the defensive nature of a successful fixed income portfolio during these times.  Jeff also touches on factors like energy, fiscal policies, and global demographics. He sees North America as a more favorable investment space and provides insights into his duration strategy, talking us through potential scenarios and market reactions.

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