In this episode of The Portfolio Fix, Marco Bravo interprets today’s 25 basis point interest rate hike by the Fed and the comments from Chairman Powell. Patrick McGeever also describes how oil prices are expected to effect economic growth and why he is recommending we reduce exposure to energy bonds.

Episode Host: Patrick McGeever – Senior Corporate Analyst

Fed Section:  Marco Bravo – Senior Portfolio Manager

Energy Forecast:  Patrick McGeever –  Senior Corporate Analyst

Sources:  The Federal Reserve, Blue Chip Economics, Bureau of Labor Statistics, OPEC, Bloomberg

This episode of The Portfolio Fix was recorded on March 16, 2022.   Any timely data or views should be considered as of this date unless otherwise specified.

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