Description: Whatever the Federal Reserve does to lower interest rates further won’t help the U.S. economy, according to First Pacific Advisors fund manager Tom Atteberry, who says that’ll just weaken the dollar and hurt savers. Deborah Levine reports.
Source:Â Marketwatch.com â€“ video report
Questions for discussion:
- Summarize the main comments made about the Fedâ€™s strategy to lower interest rates.
- Do you agree with the analysis and forecasts made?
- Does a strategy of investing in corporate bonds maturing within the next five years make sense?
- How should investors respond to this report?