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Baird's Stanek: 'Keep the seat belts on' to ride out rate changes

Author
Money Life with Chuck Jaffe
Published
Tue 18 Jan 2022
Episode Link
https://moneylifeshow.libsyn.com/bairds-stanek-keep-the-seat-belts-on-to-ride-out-rate-changes

Mary Ellen Stanek, president of the Baird Funds, says that investors will benefit from higher yields and get past many of the temporary concerns hitting fixed-income markets once the current rate-adjustment period is concluded, so she suggested buckling up for the ride, increasing portfolio quality, dialing down risk and maintaining liquidity in order to act on the better opportunities that lie ahead. Also on the show, author Evan Hughes discusses his new book, 'The Hard Sell: Crime and Punishment at an Opiod Startup,' Ted Rossman of Bankrate.com talks about what consumers really want from their credit cards, and Chuck answers a listener's question about the best process for paying off credit-card debts.

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