WEBCASTS
The Time Is Now: Rate Cuts Could Add Fuel to Muni Gains
As normalization plays out during 2024, inflation should trend toward the Fed’s target while economic growth moderates. This opens the door for the Fed to cut rates in 2024, which will quickly diminish the attractiveness of short-term investment options. But where to turn? Simply put, muni bonds look primed to log strong results. Register now to join Matt Norton, AB’s CIO for Municipal Bonds, and Municipal Portfolio Manager Daryl Clements as they discuss how to best position muni portfolios in today’s environment.
SUMMARY
- Strategies for moving clients out of cash; historically, when the Fed has paused its hiking cycles, muni bonds have outperformed cash and cash alternatives
- Why history looks like it will repeat itself as the Fed turns from a tightening to an easing cycle
- Why waiting until the Fed actually cuts rates can lead to sub-optimal client outcomes
- Key areas to help position portfolios to maximize opportunity, including duration, maturity structure and credit
Accepted for one hour of CFP/IWI/The American College Board CE credit for live and on-demand attendees
CFA Institute members are encouraged to self-document their continuing professional development activities in their online CE tracker.
SPEAKERS
Matthew Norton
Chief Investment OfficerAllianceBernstein
Daryl Clements
Municipal Portfolio ManagerAllianceBernstein
Jason Mertz
Investment StrategistAllianceBernstein
Todd Rosenbluth
Head of ResearchVettaFi
Disclaimer
By registering, you are certifying that you are a financial professional and agree to share your data with VettaFi and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to VettaFi's Privacy Policy. You can unsubscribe at any time.
Important Disclosures
For Investment Professional use only. Not for inspection by, distribution or quotation to, the general public.
AllianceBernstein Investments, Inc. (ABI) is the distributor of the AB family of mutual funds. AllianceBernstein L.P. (AB) is the investment adviser for the Fund. ABI is a member of FINRA and is an affiliate of AllianceBernstein L.P., the manager of the funds. AB ETFs are distributed by Foreside Fund Services, LLC, in the US only.
Investors should consider the investment objectives, risks, charges and expenses of the Fund/Portfolio carefully before investing. For copies of our prospectus or summary prospectus, which contain this and other information, visit us online at www.abfunds.com or contact your AB representative. Please read the prospectus and/or summary prospectus carefully before investing.
The [A/B] logo is a registered service mark of AllianceBernstein and AllianceBernstein® is a registered service mark used by permission of the owner, AllianceBernstein L.P.
UMF-501110-2024-02-16