Unsubscribe

Confirm you would like to unsubscribe from this list

You have unsaved changes on the page. Would you like to save them?

Remove strategy

Confirm you would like to remove this strategy from your list

Welcome to Thornburg

Please select your location and role to help personalize the site.
Please review our Terms & Conditions

For Institutional / Wholesale / Professional Clients

The content on this website is intended for institutional and professional investors in the United States only and is not suitable for individual investors or non-U.S. entities. Institutional and professional investors include pension funds, investment companies registered under the Investment Company Act of 1940, financial intermediaries, consultants, endowments and foundations, and investment advisors registered under the Investment Advisors Act of 1940.

TERMS AND CONDITIONS OF USE

Please read the information below. By accessing this web site of Thornburg Investment Management, Inc. ("Thornburg" or "we"), you acknowledge that you understand and accept the following terms and conditions of use.

Disclaimers

Products or services mentioned on this site are subject to legal and regulatory requirements in applicable jurisdictions and may not be licensed or available in all jurisdictions and there may be restrictions or limitations to whom this information may be made available. Unless otherwise indicated, no regulator or government authority has reviewed the information or the merits of the products and services referenced herein. Past performance is not a reliable indicator of future performance. Investments carry risks, including possible loss of principal.

Reference to a fund or security anywhere on this website is not a recommendation to buy, sell or hold that or any other security. The information is not a complete analysis of every material fact concerning any market, industry, or investment, nor is it intended to predict the performance of any investment or market.

All opinions and estimates included on this website constitute judgements of Thornburg as at the date of this website and are subject to change without notice.

All information and contents of this website are furnished "as is." Data has been obtained from sources considered reliable, but Thornburg makes no representation as to the completeness or accuracy of such information and has no obligation to provide updates or changes. Thornburg disclaims, to the fullest extent of the law, any implied or express warranty of any kind, including without limitation the implied warranties of merchantability, fitness for a particular purpose and non-infringement.

If you live in a state that does not allow disclaimers of implied warranties, our disclaimer may not apply to you.

Although Thornburg intends the information contained in this website to be accurate and reliable, errors sometimes occur. Thornburg does not warrant that the information to be free of errors, that the functions contained in the site will be uninterrupted, that defects will be corrected or that the site and servers are free from viruses or other harmful components. You agree that you are responsible for the means you use to access this website and understand that your hardware, software, the Internet, your Internet service provider, and other third parties involved in connecting you to our website may not perform as intended or desired. We also disclaim responsibility for damages third parties may cause to you through the use of this website, whether intentional or unintentional. For example, you understand that hackers could breach our security procedures, and that we will not be responsible for any related damages.

Thornburg Investment Management, Inc. is regulated by the U.S. Securities and Exchange under U.S. laws which may differ materially from laws in other jurisdictions.

Online Privacy and Cookie Policy

Please review our Online Privacy and Cookie Policy, which is hereby incorporated by reference as part of these terms and conditions.

Third Party Content

Certain website's content has been obtained from sources that Thornburg believes to be reliable as of the date presented but Thornburg cannot guarantee the accuracy, timeliness, completeness, or suitability for use of such content. The content does not take into account individual investor's circumstances, objectives or needs. The content is not intended as an offer or solicitation with respect to the purchase or sale of any security or other financial instrument or any investment management services, nor does it constitute investment advice and should not be used as the basis for any investment decision.

Suitability

No determination has been made regarding the suitability of any securities, financial instruments or strategies for any investor. The website's content is provided on the basis and subject to the explanations, caveats and warnings set out in this notice and elsewhere herein. The website's content does not purport to provide any legal, tax or accounting advice. Any discussion of risk management is intended to describe Thornburg's efforts to monitor and manage risk but does not imply low risk.

Limited License and Restrictions on Use

Except as otherwise stated in these terms of use or as expressly authorized by Thornburg in writing, you may not:

  • Modify, copy, distribute, transmit, post, display, perform, reproduce, publish, broadcast, license, create derivative works from, transfer, sell, or exploit any reports, data, information, content, software, RSS and podcast feeds, products, services, or other materials (collectively, "Materials") on, generated by or obtained from this website, whether through links or otherwise;
  • Redeliver any page, text, image or Materials on this website using "framing" or other technology;
  • Engage in any conduct that could damage, disable, or overburden (i) this website, (ii) any Materials or services provided through this website, or (iii) any systems, networks, servers, or accounts related to this website, including without limitation, using devices or software that provide repeated automated access to this website, other than those made generally available by Thornburg;
  • Probe, scan, or test the vulnerability of any Materials, services, systems, networks, servers, or accounts related to this website or attempt to gain unauthorized access to Materials, services, systems, networks, servers, or accounts connected or associated with this website through hacking, password or data mining, or any other means of circumventing any access-limiting, user authentication or security device of any Materials, services, systems, networks, servers, or accounts related to this website; or
  • Modify, copy, obscure, remove or display the Thornburg name, logo, trademarks, notices or images without Thornburg's express written permission. To obtain such permission, you may e-mail us at info@thornburg.com.

Severability, Governing Law

Failure by Thornburg to enforce any provision(s) of these terms and conditions shall not be construed as a waiver of any provision or right. This website is controlled and operated by Thornburg from its offices in Santa Fe, New Mexico. The laws of the State of New Mexico govern these terms and conditions. If you take legal action relating to these terms and conditions, you agree to file such action only in state or federal court in New Mexico and you consent and submit to the personal jurisdiction of those courts for the purposes of litigating any such action.

Termination

You acknowledge and agree that Thornburg may restrict, suspend or terminate these terms and conditions or your access to, and use, of the all or any part this website, including any links to third-party sites, at any time, with or without cause, including but not limited to any breach of these terms and conditions, in Thornburg's absolute discretion and without prior notice or liability.

Decline
Give Us a Call

Fund Operations
800.847.0200

FIND ANOTHER CONTACT

Thornburg Ultra Short Income Fund

Morningstar Rating  • Info

Overall Morningstar Rating among 201 Ultrashort Bond funds, based on risk-adjusted returns for class A shares, using a weighted average of the funds three-, five-, and ten-year ratings: respectively, 3 stars, 4 stars and 4 stars among 201, 183 and 111 funds, as of 31 Oct 2024.

As of 31 Oct 2024
Fund Assets
$245.8 M
As of 31 Oct 2024
NAV
$12.22
As of 9 Dec 2024
Change
$0.00
As of 9 Dec 2024
YTD NAV Performance
5.32%
As of 9 Dec 2024
Asset Category:
Global Fixed Income
Fund Benchmark:
ICE BofA U.S. Treasury Bill Index

Portfolio Managers

Portfolio Manager and Managing Director
Head of Fixed Income and Managing Director
Overview

Overview

Why Invest in This Fund?

 

  • Actively managed short-term portfolio of high-quality taxable bonds with low interest-rate exposure.
  • Proven bottom-up fundamental approach that invests in a broad range of investment grade ultra-short fixed income and money market securities with a target duration of half a year (0.5).
  • Short-term strategy that seeks to provide income low interest-rate exposure with high-quality fixed income while minimizing volatility.

Investment Objective

The fund’s goal is to provide investors current income, consistent with preservation of capital.

Investment Approach

Designed to provide a solution to investors who may have a limited time horizon, the fund is an actively managed short-term portfolio of high-quality taxable bonds with low interest-rate exposure. The fund seeks to reduce changes in its share value compared to longer duration fixed income portfolios by maintaining a portfolio of investments with a duration of normally no more than one half (0.5) of a year.

Performance

Performance

Returns

(As of 30 Sep 2024)
YTD
1y
3y
5y
10y
Inception
Total Return with Sales Charge (%)
2.05
3.74
2.47
2.38
1.99
1.97
Total Return without Sales Charge (%)
4.39
6.12
3.26
2.69
2.14
2.12
ICE BofA U.S. Treasury Bill Index (%)
4.08
5.54
3.49
2.34
1.67
1.55
Morningstar Category Avg. (%)
4.59
6.51
3.37
2.48
1.95
Morningstar Quartile
3
3
2
2
YTD
1y
3y
5y
10y
Inception
Total Return with Sales Charge (%)
2.84
3.52
2.78
2.47
2.04
2.01
Total Return without Sales Charge (%)
5.20
5.89
3.57
2.78
2.19
2.16
ICE BofA U.S. Treasury Bill Index (%)
4.87
5.38
3.75
2.43
1.74
1.60
Morningstar Category Avg. (%)
4.95
6.51
3.49
2.48
1.97
Morningstar Quartile
3
3
2
2
YTD
1y
3y
5y
10y
Inception
Total Return with Sales Charge (%)
2.05
3.74
7.61
12.46
21.76
23.36
Total Return without Sales Charge (%)
4.39
6.12
10.12
14.17
23.63
25.27
ICE BofA U.S. Treasury Bill Index (%)
4.08
5.54
10.85
12.25
17.98
18.04
YTD
1y
3y
5y
10y
Inception
Total Return with Sales Charge (%)
2.84
3.52
8.56
12.99
22.35
24.31
Total Return without Sales Charge (%)
5.20
5.89
11.10
14.72
24.22
26.23
ICE BofA U.S. Treasury Bill Index (%)
4.87
5.38
11.69
12.74
18.87
18.94
2018
2019
2020
2021
2022
2023
Total Return with Sales Charge (%)
-0.12
2.16
1.50
-2.14
-2.27
3.19
ICE BofA U.S. Treasury Bill Index (%)
1.88
2.35
0.74
0.05
1.34
5.09
Fund Fees

Fund Fees

(As of 1 Feb 2024)
Gross Expense Ratio (%)
0.86
Net Expense Ratio (%)
0.50
Hypothetical Growth of $10,000

Hypothetical Growth of $10,000

(As of 30 Nov 2024)
(Hypothetical Growth of $10,000 vs ICE BofA U.S. Treasury Bill Index)
Distributions

Distributions

(As of 29 Nov 2024)
Ex-Date
Payable Date
Total ($)
Income ($)
ST Cap Gains ($)
LT Cap Gains ($)
31 Jan 2014
31 Jan 2014
0.01084
0.01084
28 Feb 2014
28 Feb 2014
0.01275
0.01275
31 Mar 2014
31 Mar 2014
0.01147
0.01147
30 Apr 2014
30 Apr 2014
0.01029
0.01029
30 May 2014
31 May 2014
0.00918
0.00918
30 Jun 2014
30 Jun 2014
0.01551
0.01551
31 Jul 2014
31 Jul 2014
0.00867
0.00867
29 Aug 2014
31 Aug 2014
0.00681
0.00681
30 Sep 2014
30 Sep 2014
0.00739
0.00739
31 Oct 2014
31 Oct 2014
0.00749
0.00749
28 Nov 2014
30 Nov 2014
0.00770
0.00770
31 Dec 2014
31 Dec 2014
0.00699
0.00699
30 Jan 2015
31 Jan 2015
0.00685
0.00685
27 Feb 2015
28 Feb 2015
0.00766
0.00766
31 Mar 2015
31 Mar 2015
0.00692
0.00692
30 Apr 2015
30 Apr 2015
0.00657
0.00657
29 May 2015
31 May 2015
0.00645
0.00645
30 Jun 2015
30 Jun 2015
0.00660
0.00660
31 Jul 2015
31 Jul 2015
0.00634
0.00634
31 Aug 2015
31 Aug 2015
0.00688
0.00688
30 Sep 2015
30 Sep 2015
0.00711
0.00711
30 Oct 2015
31 Oct 2015
0.00600
0.00600
30 Nov 2015
30 Nov 2015
0.00745
0.00745
31 Dec 2015
31 Dec 2015
0.01055
0.01055
29 Jan 2016
31 Jan 2016
0.00891
0.00891
29 Feb 2016
29 Feb 2016
0.00832
0.00832
31 Mar 2016
31 Mar 2016
0.01019
0.01019
29 Apr 2016
30 Apr 2016
0.01057
0.01057
31 May 2016
31 May 2016
0.01180
0.01180
30 Jun 2016
30 Jun 2016
0.01222
0.01222
29 Jul 2016
31 Jul 2016
0.01148
0.01148
31 Aug 2016
31 Aug 2016
0.01145
0.01145
30 Sep 2016
30 Sep 2016
0.00792
0.00792
31 Oct 2016
31 Oct 2016
0.01076
0.01076
30 Nov 2016
30 Nov 2016
0.01230
0.01230
30 Dec 2016
31 Dec 2016
0.01189
0.01189
31 Jan 2017
31 Jan 2017
0.01586
0.01586
28 Feb 2017
28 Feb 2017
0.01252
0.01252
31 Mar 2017
31 Mar 2017
0.01539
0.01539
28 Apr 2017
30 Apr 2017
0.01495
0.01495
31 May 2017
31 May 2017
0.01283
0.01283
30 Jun 2017
30 Jun 2017
0.01522
0.01522
31 Jul 2017
31 Jul 2017
0.01454
0.01454
31 Aug 2017
31 Aug 2017
0.01495
0.01495
29 Sep 2017
30 Sep 2017
0.01641
0.01641
31 Oct 2017
31 Oct 2017
0.01591
0.01591
30 Nov 2017
30 Nov 2017
0.01743
0.01743
29 Dec 2017
31 Dec 2017
0.01509
0.01509
31 Jan 2018
31 Jan 2018
0.01584
0.01584
28 Feb 2018
28 Feb 2018
0.01525
0.01525
29 Mar 2018
31 Mar 2018
0.02012
0.02012
30 Apr 2018
30 Apr 2018
0.02019
0.02019
31 May 2018
31 May 2018
0.01950
0.01950
29 Jun 2018
30 Jun 2018
0.02110
0.02110
31 Jul 2018
31 Jul 2018
0.02146
0.02146
31 Aug 2018
31 Aug 2018
0.02092
0.02092
28 Sep 2018
30 Sep 2018
0.01946
0.01946
31 Oct 2018
31 Oct 2018
0.02105
0.02105
30 Nov 2018
30 Nov 2018
0.02348
0.02348
31 Dec 2018
31 Dec 2018
0.02427
0.02427
31 Jan 2019
31 Jan 2019
0.02293
0.02293
28 Feb 2019
28 Feb 2019
0.02263
0.02263
29 Mar 2019
31 Mar 2019
0.02433
0.02433
30 Apr 2019
30 Apr 2019
0.02389
0.02389
31 May 2019
31 May 2019
0.02642
0.02642
28 Jun 2019
30 Jun 2019
0.02496
0.02496
31 Jul 2019
31 Jul 2019
0.02454
0.02454
31 Aug 2019
31 Aug 2019
0.02403
0.02403
30 Sep 2019
30 Sep 2019
0.02357
0.02357
31 Oct 2019
31 Oct 2019
0.02278
0.02278
14 Nov 2019
14 Nov 2019
0.04067
0.03680
0.00387
30 Nov 2019
30 Nov 2019
0.02240
0.02240
31 Dec 2019
31 Dec 2019
0.02276
0.02276
31 Jan 2020
31 Jan 2020
0.02132
0.02132
29 Feb 2020
29 Feb 2020
0.02106
0.02106
31 Mar 2020
31 Mar 2020
0.02177
0.02177
30 Apr 2020
30 Apr 2020
0.02227
0.02227
31 May 2020
31 May 2020
0.02106
0.02106
30 Jun 2020
30 Jun 2020
0.01769
0.01769
31 Jul 2020
31 Jul 2020
0.01699
0.01699
31 Aug 2020
31 Aug 2020
0.01716
0.01716
30 Sep 2020
30 Sep 2020
0.01666
0.01666
30 Oct 2020
31 Oct 2020
0.01593
0.01593
19 Nov 2020
19 Nov 2020
0.03652
0.00477
0.03175
30 Nov 2020
30 Nov 2020
0.01914
0.01914
31 Dec 2020
31 Dec 2020
0.01762
0.01762
29 Jan 2021
31 Jan 2021
0.01564
0.01564
26 Feb 2021
28 Feb 2021
0.01427
0.01427
31 Mar 2021
31 Mar 2021
0.01381
0.01381
30 Apr 2021
30 Apr 2021
0.01792
0.01792
28 May 2021
31 May 2021
0.01360
0.01360
30 Jun 2021
30 Jun 2021
0.01320
0.01320
30 Jul 2021
31 Jul 2021
0.01332
0.01332
31 Aug 2021
31 Aug 2021
0.01250
0.01250
30 Sep 2021
30 Sep 2021
0.01378
0.01378
29 Oct 2021
31 Oct 2021
0.01192
0.01192
30 Nov 2021
30 Nov 2021
0.01229
0.01229
31 Dec 2021
31 Dec 2021
0.01258
0.01258
31 Jan 2022
31 Jan 2022
0.01200
0.01200
28 Feb 2022
28 Feb 2022
0.01184
0.01184
31 Mar 2022
31 Mar 2022
0.01179
0.01179
29 Apr 2022
30 Apr 2022
0.01455
0.01455
31 May 2022
31 May 2022
0.01452
0.01452
30 Jun 2022
30 Jun 2022
0.01773
0.01773
29 Jul 2022
31 Jul 2022
0.02032
0.02032
31 Aug 2022
31 Aug 2022
0.02410
0.02410
30 Sep 2022
30 Sep 2022
0.02689
0.02689
31 Oct 2022
31 Oct 2022
0.03154
0.03154
30 Nov 2022
30 Nov 2022
0.03575
0.03575
30 Dec 2022
31 Dec 2022
0.03949
0.03949
31 Jan 2023
31 Jan 2023
0.04096
0.04096
28 Feb 2023
28 Feb 2023
0.04159
0.04159
31 Mar 2023
31 Mar 2023
0.04521
0.04521
28 Apr 2023
30 Apr 2023
0.04606
0.04606
31 May 2023
31 May 2023
0.04779
0.04779
30 Jun 2023
30 Jun 2023
0.04821
0.04821
31 Jul 2023
31 Jul 2023
0.04890
0.04890
31 Aug 2023
31 Aug 2023
0.05092
0.05092
29 Sep 2023
30 Sep 2023
0.05065
0.05065
31 Oct 2023
31 Oct 2023
0.05158
0.05158
30 Nov 2023
30 Nov 2023
0.04842
0.04842
29 Dec 2023
31 Dec 2023
0.06077
0.06077
31 Jan 2024
31 Jan 2024
0.05317
0.05317
29 Feb 2024
29 Feb 2024
0.05255
0.05255
28 Mar 2024
31 Mar 2024
0.05352
0.05352
30 Apr 2024
30 Apr 2024
0.05552
0.05552
31 May 2024
31 May 2024
0.06402
0.06402
28 Jun 2024
30 Jun 2024
0.05640
0.05640
31 Jul 2024
31 Jul 2024
0.05795
0.05795
30 Aug 2024
31 Aug 2024
0.05728
0.05728
30 Sep 2024
30 Sep 2024
0.05585
0.05585
31 Oct 2024
31 Oct 2024
0.05197
0.05197
29 Nov 2024
30 Nov 2024
0.05174
0.05174
Fund Facts

Fund Facts

(As of 31 Oct 2024)
Net Fund Assets
$245.8 M
Benchmark
ICE BofA U.S. Treasury Bill Index
Morningstar Category
Ultrashort Bond
Fund Symbol
TLDAX
Share Class
A
Share Class Inception Date
30 Dec 2013
Number of Holdings
273
Portfolio Turnover
45%
Distribution Frequency
Monthly
30-Day SEC Yield (Subsidized)
4.07%
30-Day SEC Yield (Unsubsidized)
3.70%
Annualized Distribution Yield
4.97%
Characteristics

Characteristics

Portfolio

(As of 31 Oct 2024)
Portfolio
Benchmark
Effective Duration
0.5 Yrs
0.3 Yrs
Average Effective Maturity
0.6 Yrs
0.3 Yrs
Portfolio
Benchmark
Weighted Average Coupon
3.7%
Yield to Worst
5.2%
4.5%
Risk & Return Profile

Risk & Return Profile

(As of 31 Oct 2024)
3y
5y
10y
Beta
1.42
0.63
0.75
R-Squared (%)
80.94
6.16
9.57
Standard Deviation (%)
1.00
1.72
1.33
Sharpe Ratio
-0.17
0.28
0.49
Information Ratio
0.01
0.33
0.52
Up Capture (%)
103.78
126.66
140.36
Down Capture (%)
360.67
-79.10
-915.03
Portfolio

Portfolio

Top Holdings

(As of 31 Oct 2024)
Name
Ticker/Symbol
Weight %
United States Treasury Note/Bond
91282CHD6
1.2
United States Treasury Bill
912797KA4
1.2
Mercury Financial Credit Card Master Trust
58940BAR7
1.1
OneMain Financial Issuance Trust 2018-2
68269CAC0
1.1
United States Treasury Note/Bond
912828Y79
1.0
Equifax Inc
294429AQ8
1.0
WRKCo Inc
96145DAF2
1.0
American Credit Acceptance Receivables Trust 2022-1
02530WAG9
0.9
Qorvo Inc
74739DAB0
0.9
ACC Auto Trust 2022-A
00085YAB9
0.8
Exposure Breakdown

Exposure Breakdown

(As of 31 Oct 2024)
Sector Allocation
Fund (%)
Benchmark (%)

Fund

Benchmark

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Corporate
48.2
Asset Backed Securities
34.5
Cash & Cash Equivalents
10.4
Treasury-Domestic
5.3
100.0
Collateralized Mortgage Obligation
1.1
Commercial Mortgage Backed Security
0.4
Mortgage Passthrough
0.0
Agency Debenture
0.0
Sector Allocation
Fund (%)
Corporate
48.2
Asset Backed Securities
34.5
Cash & Cash Equivalents
10.4
Treasury-Domestic
5.3
Collateralized Mortgage Obligation
1.1
Commercial Mortgage Backed Security
0.4
Mortgage Passthrough
0.0
Agency Debenture
0.0
Credit Quality
Fund (%)
Benchmark (%)

Fund

Benchmark

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
U.S. Government
5.6
100.0
AAA
16.2
AA
9.4
A
13.4
BBB
42.6
Below Invest. Grade
0.9
Not Rated
1.5
Cash & Cash Equivalents
10.4
Credit Quality
Fund (%)
U.S. Government
5.6
AAA
16.2
AA
9.4
A
13.4
BBB
42.6
Below Invest. Grade
0.9
Not Rated
1.5
Cash & Cash Equivalents
10.4
Maturity
Fund (%)
Benchmark (%)

Fund

Benchmark

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Year 1
74.7
100.0
Year 2
13.3
Year 3
0.8
Year 4
0.6
Year 5+
0.2
Cash
10.4
Maturity
Fund (%)
Year 1
74.7
Year 2
13.3
Year 3
0.8
Year 4
0.6
Year 5+
0.2
Cash
10.4
Portfolio Managers

Portfolio Managers

Lon Erickson, CFA

Lon Erickson, CFA

Portfolio Manager and Managing Director
Lon Erickson is portfolio manager for Thornburg Investment Management. He joined Thornburg in 2008 and was named a managing director and was promoted to portfolio manager in 2010. Prior to joining Thornburg Investment Management, Lon spent almost 11 years as an analyst for State Farm Insurance in the equity and corporate bond departments. Lon earned a bachelor’s degree in business…
Learn More
Christian Hoffmann, CFA

Christian Hoffmann, CFA

Head of Fixed Income and Managing Director
Christian Hoffmann is head of fixed income and a portfolio manager for Thornburg Investment Management. He joined the firm in 2012 as a fixed income analyst and was promoted to associate portfolio manager in 2014. Christian was named a managing director in 2017, was promoted to portfolio manager in 2018, and to head of fixed income in 2024. Prior to…
Learn More

More Insights

The United States Treasury Department in Washington D.C.
Fixed Income

The Decline of US Treasuries? What Treasury Auctions Reveal

Despite the perceived weakness, we believe there are three critical indicators that reveal the strength of investor demand for U.S. government debt.
Man smiles as he walks through an office space with his laptop open
Real Estate

Restructuring and Refinancing Opportunities in Commercial Real Estate

Certain sectors of commercial real estate are stressed, but pockets of opportunity exist. Learn how investors can capitalize on debt restructuring & refinancing.
Woman sits at her desk analyzing financial forecasts
Markets & Economy

Market Concentration and the Fed’s Policy Outlook

Explore the recent trends in market concentration and examine the implications of the Federal Reserve's policy decisions for the rest of 2024.
Two men stand in a desert holding a rope pulling against each other
Markets & Economy

Value vs. Growth: Does Another Fed Hike Matter?

Discover why value and income-oriented stocks are set to outperform in today's market dominated by rising interest rates and persistent inflation.
Woman calculates some financial decisions over her desk.
Markets & Economy

The Value of Dividends and Munis to Stoke Income

Explore the impact of high dividend stocks and municipal bonds in a rising rate environment amid increasing government debt and new administrative policies.
A few people using a map and a compass to pinpoint their current location and future destination.
Economy

Navigating Recession, the Fed, Inflation and Borrowing

Examine the current economic complexities while considering consumer demand, corporate resilience, and interest rates to anticipate market risks in 2024.