Lowell on CNBC: Volatile Markets Call for Actively Managed Portfolios
Chief Investment Officer Jim Lowell joined CNBC to share his perspective on recent interest-rate cuts and prudent investor strategies built to withstand market volatility. Jim emphasized his belief that the U.S. economy’s strong fundamentals did not validate recent rate reductions. Jim remarked, “Our Fed may be tipping a little more towards trying to be proactive rather than reactive—I think that’s dangerous: They need to remain data-dependent.” Jim further noted that the current investing environment reaffirms the need for investors to remain well-diversified with an actively managed portfolio that includes short-term bonds and cash.
Daniel Wiener Chairman Jim Lowell Chief Investment Officer Jeffrey DeMaso Director of Research Kate Austin Equity Research Analyst Charlie Toole Vice President, Portfolio Manager Diana Linn Account Manager October 31, 2019