The Bloomberg Advantage: Brady on Fed's Mispricing of Risk
August 19, 2016•8 min
(Bloomberg) -- The Bloomberg Advantage with Carol Massar and Cory Johnson.
President and Chief Executive Officer
Thornburg Investment Management
Discussing Federal Reserve policy and what he sees as a "frustratingly' mispricing of risk. He says the market is way too complacent, money market rates are much more interesting than they were due to money market "reform" and bond investors don't like to lose money...an experience they haven't had in some time.