In WealthManagement.com’s new 2020 Midyear Outlook, Bruce Monrad writes that Fed rate cuts to lift the stock market — known as the “Greenspan Put” — have actually benefited High Yield investors in recent market crises. Read how income investors can take advantage of the Fed’s recent moves supporting the High Yield market here:
Portfolio Manager Bruce Monrad discusses where he is finding pockets of value in the High Yield space in our latest podcast.
Listen here (4:04):
Portfolio Manager, Bruce Monrad, talks about how recent Fed policy is different from the past, and why it benefits the High Yield market.
BOSTON — It is with great sadness that Northeast Investors Trust announces the passing of its long-time former Chairman Ernest “Ernie” E. Monrad, who died on June 27, 2020. But it is with great pride that the Trust celebrates the life of a man who educated the markets on how to invest for income and who spent the better part of his life supporting the field of education.
As the economy starts to re-open, Bruce Monrad shares his thoughts on what the recovery will look like — and how High Yield stacks up.
0:00 Stock reaction to COVID-19 0:43 Bond reaction to COVID-19 1:23 Fed assessment of recovery 2:36 Bruce’s take on the rebound 3:43 Interest rates and income investing 4:55 Active vs Passive 6:18 Fed bond buying and high-yield 7:22 The presidential election and possible tax reform
Bruce Monrad joined Bloomberg Baystate Business on Friday, June 19 to recap the week’s market moves, and discuss prospects for an economic recovery and what persistent low interest rates could mean for stocks and bonds. Listen to Bruce at (35:16).
The Boston Globe
The American economy could still have a chance to rebound from the COVID19 prompted downturn. Chairman Bruce Monrad explains to The Boston Globe why the Great Recession is an unlikely comparison. Click here to read the article in the Boston Globe (subscription required).
Investors unsure of the April market rebound can hedge their bets through high yield bonds, which capture most of the upside of equities—but with much less volatility.