Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
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TCW Fund manager, A Bond Pro, Takes Stock at a Turning Point
Tad Rivelle, chief investment officer, fixed income, at TCW, surveys the changing bond-market landscape. Bearish on Treasuries, bullish on money-center banks and worried about the Fed. He now oversees more than $30 billion in mutual funds offered by TCW and MetWest, and manages the flagship MetWest Total Return Fund (ticker: MWTRX), a $19.5 billion portfolio with a stellar long-term track record.
Reply to @Old_Joe: "To resolve the issue, the Federal Reserve has engineered a negative real-interest-rate environment combined with higher rates of inflation. It is trying to facilitate an adjustment process in which resources are taken from savers and handed to debtors."
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"It is the least-bad plan. It isn't a good plan, because there are no good solutions."