Episode 9: The Nomad of Fixed Income | Christopher Brigati, Chief Investment Officer at SWBC

In this episode of The OpenYield Markets Podcast, host Mark Hebert sits down with The Nomad of Fixed Income, Christopher Brigati, Chief Investment Officer & Managing Director at SWBC, a highly respected voice in the municipal and broader fixed-income market.With more than 25 years of experience including senior roles at Valley National Bank, Advisors Asset Management, and Morgan Stanley, Chris shares a practitioner’s view of today’s macro landscape: stretched valuations, Fed uncertainty, geopolitical risk, and potential cracks forming in munis, corporates, and equities.The conversation covers:Why markets keep grinding higher despite rising macro uncertaintyFed pivots and the split emerging inside the FOMCMunis: soaring issuance, weakening rainy-day funds, and tax-equivalent yieldsEquities: AI-driven valuations and why small/mid-caps may be the overlooked trade of 2025Chris shares personal insights, including his favorite golf course, his go-to drink, and his S&P 500 prediction for the end of 2026.🔔 Subscribe for more episodes featuring leaders shaping the future of fixed income and modern market structure.