Author Archives: Ken Taubes

About Ken Taubes

Ken Taubes is Executive Vice President, Chief Investment Officer, U.S. of Pioneer Investments. He is Portfolio Manager of Pioneer Strategic Income Fund, Pioneer Bond Fund and Pioneer Multi-Asset Real Return Fund. Ken joined Pioneer Investments in 1998.

Fed Signals Three Rate Hikes for 2017

As expected, the Federal Open Market Committee (FOMC) raised the target Fed Funds rate by 25 basis points (bps). The December rate increase represents the sole rate increase for 2016, following the December 2015 move, and the second increase since … Continue reading

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What Will 2017 Bring for Fixed Income?

Trump’s Programs Should be Fairly Stimulative Despite the ongoing controversy over the President-elect, I believe that when you get through some of the rhetoric and look at the programs as proposed, it is going to be pretty stimulative if they … Continue reading

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What Will a Trump Victory Mean for Investors?

Just as with Brexit, markets underestimated the strength of the populist movement yesterday, when Donald Trump was elected the 45th president of the United States. Short-term reactions aside, what will this shift in US political leadership mean for the economy … Continue reading

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Fed Monetary Policy: A Moving Target

As expected, the Federal Reserve Board yesterday left interest rates unchanged following the September meeting of the Federal Open Market Committee. In its statement following the meeting, the FOMC said, “The Committee judges that the case for an increase in … Continue reading

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US Market Outlook: Government Bonds Offer Little Value

Fixed Income We continue to believe credit sectors offer value compared to government securities. With approximately 35% of the global treasury market trading at negative nominal yields and US Treasuries of 10 years and below trading at negative real yields … Continue reading

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