The news of President Biden dropping out of the presidential race has created a whole new layer of uncertainty into the market backdrop. Amid this volatility, we suggest honing in on an issue with more clarity: Fed rate cuts. In the first Basis Points podcast episode of the 'Money in Motion' series, Kevin Flanagan discusses how investors can strategically navigate rate cuts in their fixed income portfolios using a barbell strategy.
Basis Point: 1/100th of a percent.