Markets in Crisis: Finding Income in Today's Markets
Income investors might despair in today's COVID-19-ravaged environment—the Federal Reserve has lowered cash rates to near zero, shuttered businesses can’t pay stock dividends, and defaults are expected to rise.
Yet, our income-focused portfolio managers say their prospects for income have improved greatly since February. Marta Norton, head of outcome-based strategies, and Hong Cheng, associate portfolio manager, share where they see income opportunities in today's markets.
Host: Drew Carter, Engineer: George Castady, Guest: Hong Cheng, Guest: Marta Norton
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