Credit Crunch: Principal’s Goosay on Credit Relative Value Setup
“We’ve gotten a little addicted post-2008 to the Fed guiding us,” says Michael Goosay, CIO and global head of fixed income for Principal Asset Management. “I’ve been doing this a...
By Aditya Somani · Bloomberg
“We’ve gotten a little addicted post-2008 to the Fed guiding us,” says Michael Goosay, CIO and global head of fixed income for Principal Asset Management. “I’ve been doing this a very long time to remember when... we kind of had to guess at what the Fed did.” In this episode of the Credit Crunch podcast, Goosay joins Bloomberg Intelligence’s Noel Hebert to talk about the potential implication of a less-transparent Federal Reserve, while hitting on other key areas including investment grade and h