Asset Allocation Bi-Weekly - The Fed's Other Policy Tool (3/18/24)

Sometimes words can be just as powerful or even more so than actions. Just consider the Federal Reserve. Fed officials can greatly influence investor behavior by the words they speak or write. Confluence Associate Market Strategist Thomas Wash joins Phil Adler to discuss how the Federal Reserve may be employing the spoken or written word, specifically with its forward guidance tool, to create a range for 10-year Treasury yields and how investors may profit as a result.