Markets Having Crisis of Confidence
Political wrangling, debt woes and economic uncertainty have sapped confidence from the market, says Janus' Gibson Smith.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. Congress seems to have diverted a default on the national debt, but issues surrounding the fiscal situation are going to continue to affect investors. I am pleased to be joined today by Gibson Smith. He is the co-chief investment officer of fixed income at Janus Capital Management.
Gibson, thanks for joining for me.