Jamie Crapanzano, a member of our insurance portfolio management team, joins the podcast to discuss the distinctive aspects of fixed-income management for insurance companies and provide an update on bond market relative value. Related Insights: 1Q24 Quarterly Macro Themes Research spotlight on what’s next. Read Quarterly Macro Themes 2024 Election…

It’s been 10 months since the Fed’s last rate hike, and Evan Serdensky, Portfolio Manager on our Total Return team, and Matt Bush, our U.S. Economist, join Macro Markets to discuss what’s next for the economy and markets. Related Insights: The Economic Cycle Isn’t Dead, Merely Delayed…And That’s Good for Bonds Navigating an economic cycle where old…

Impact through influence and action Joanne Harrell has been an executive leader in the technology and nonprofit sectors most of her career. When she left Microsoft in 2021 after 20 years with the company, Joanne was leading initiatives related to AI, sustainability, and corporate citizenship. Soon thereafter, she became the First Lady of Seattle wh…

The impact of thoughtful leadership. Mteto Nyati is a successful business leader of change and opportunity. During his six-year tenure as CEO of Microsoft South Africa, he transformed the business which grew more than 60% under his leadership. His style embodies a focus on people, customers, and the importance of having an impact. In this Beyond th…

Prasanna (Sankar) Sankaranarayanan, a former software engineer for Bing, is skilled at building, growing and scaling startups — mostly with success, and always with learning. In this episode of the Beyond the Blue Badge podcast, he talks with host T.A. McCann about his start up experience including his path to becoming co-founder of unicorn company…

Matt Bush, Guggenheim Investments’ U.S. Economist, and Maria Giraldo, Investment Strategist, join the Macro Markets podcast to discuss our newly published Quarterly Macro Themes for 1Q 2024 and provide an update to our baseline views on the economy. Related Insights: 1Q24 Quarterly Macro Themes Research spotlight on what’s next. Read Quarterly Macr…

Creating a more positive place with technology policy and ethics Julie Inman-Grant has over 30 years of experience in the corporate, government and non-profit sectors, working at the intersection of technology, public policy and online safety. She started her career as a legislative assistant in the US Congress, and later joined Microsoft in 1995 a…

Private debt is one of the fastest growing sectors in the capital markets, and perhaps one of the most misunderstood. Joe McCurdy, Head of Origination on our Private Debt team, joins Macro Markets to explain how the sector has grown to be a robust capital option to banks, broadly syndicated loans, and bonds. Tune in (or read the transcript!) for hi…

Making the most of markets, people and leadership Jan Muhlfeit joined Microsoft in 1993 after being with Software602 (then a startup), and he said it was one of the best decisions in his life. It’s been 10 years since Jan left his 22-year career at Microsoft, and he has carried forth the focus on unlocking potential. When Jan left the company, he w…

Justin Takata, Head of our Investment-Grade Sector Team, and Maria Giraldo, Investment Strategist, provide technical and fundamental analysis of the sector, as well as where they are seeing risk and opportunity. We also answer listener mail. Related Content: 1Q24 Fixed-Income Sector Views Investing as the Fed prepares to cut rates. Read Fixed-Incom…

How data science and generative AI are changing the world — for good. In his last role at Microsoft, John Kahan headed up what would become Microsoft’s AI for Good efforts. To this day, John continues to use data and AI to help solve the world’s problems whether it’s via his work with Aaron Matthew SIDS Research Foundation at Seattle Children’s hos…

Karthik Narayanan, Head of Structured Credit for Guggenheim Investments, and Danny Gibbs, a portfolio manager on our Total Return team, join Macro Markets to give an overview of the structured credit market. Related Insights: Learning from Turning Points in Monetary Policy The case for moving into higher-quality fixed income (and out of money marke…

Evan Serdensky, Portfolio Manager on our Total Return team, and Matt Bush, our U.S. Economist, join Macro Markets to discuss the latest FOMC meeting and the January jobs report, update our monetary policy outlook, and review relative value in the fixed-income market. Related Insights: Learning from Turning Points in Monetary Policy The case for mov…

Matt Bush, Guggenheim Investments’ U.S. Economist, and Maria Giraldo, Investment Strategist, join the Macro Markets podcast to discuss our top 11 Macro Themes likely to shape monetary policy and investment performance this year. Related Insights: 11 Macro Themes for 2024 11 trends that will shape credit markets in 2024. Read 11 Macro Themes Policy …

Anne Walsh, CIO for Guggenheim Partners Investment Management, joins Macro Markets to discuss opportunities and risks in what promises to be an eventful 2024. A weakening economy, pivoting monetary policy, volatile geopolitics, and a presidential election form the backdrop that is tailor-made for active fixed-income management. Related Content: Pol…

Maria Giraldo, Investment Strategist, discusses the performance of the corporate credit sector this year and the rationale for our cautiously optimistic outlook for 2024. Related Insights: 4Q23 Fixed-Income Sector Views Consistent strategy through volatility. Read Fixed-Income Sector Views 4Q23 High-Yield and Bank Loan Outlook Credit challenges to …

Adam Bloch, Portfolio Manager on our Total Return team, and Matt Bush, Guggenheim Investments' U.S. Economist, update our economic and market outlook following the November meeting of the Federal Open Market Committee and the latest employment report. Related Insights: 4Q23 High-Yield and Bank Loan Outlook Credit challenges to come as the economy s…

The path to board service starts with planning, networking When Steve Guggenheimer left Microsoft as a corporate vice president in 2020 after a 27-year career, he had already been thinking about what he wanted his next career milestone to be — board service. He started laying the groundwork for that while still at the company, and now he is a non-e…

Steve Brown, Chief Investment Officer for Total Return and Macro Strategies, discusses the portfolio strategy implications of the evolving geopolitical, economic, and policy landscape. He shares how active management allocation decisions within a long-term investment outlook are designed to avoid risk and identify opportunity in this period of heig…

Corporate investing with Adam Coccari Advice for startups eyeing corporate venture capital Adam Coccari leads Intuit Ventures. Before that, he was on the early Microsoft Ventures team, which became M12. Before that, he was a startup founder. Adam shares insights about differences between venture capital and corporate venture capital, or CVC, advice…

Embracing change leads to great growth, success In this episode of Beyond the Blue Badge, host Michael Rawding talks with Eriko Asai, co-founder of Trinity Indo-Pacific Partners. Before starting her strategic advisory firm, Eriko held notable positions that included director of policy outreach, legal and corporate affairs for Microsoft Japan and Pr…

U.S. Economist Matt Bush, Investment Strategist Maria Giraldo, Investment Strategist Chris Squillante, and Economist Jerry Cai join Macro Markets to discuss the second issue of Quarterly Macro Themes, which takes a deep dive into issues helping shape our baseline economic views. Related Insights: 3Q23 Quarterly Macro Themes Research spotlight on wh…

Jenny Marler, Head of Guggenheim Real Estate, provides insight into the $21 trillion commercial real estate market, a critical asset class for the economy. Performance has varied for each of the principal sectors, but the office sector, beset by tepid post-pandemic back-to-work trends, high mortgage rates, and capital rationing, is struggling. She …

Insights on embracing change in a dynamic world In this episode of Beyond the Blue Badge, host Michael Rawding interviews Haresh Khoobchandani, a former Microsoft leader who is now a vice president at Autodesk and the author of “Growth by Choice.” Haresh discusses his leadership philosophy, trends and opportunities in the Asia-Pacific region, and a…

In this episode of Beyond the Blue Badge, host Rich Kaplan talks with former Microsoft executive Jeff Raikes, who shares his journey before, during and after working at Microsoft. In the final part of this three-part episode, Jeff talks about leading the Bill & Melinda Gates Foundation and the work he and Tricia Raikes are doing with The Raikes Fou…

In this episode of Beyond the Blue Badge, host Rich Kaplan talks with former Microsoft executive Jeff Raikes, who shares his journey before, during and after working at Microsoft. In Part 3 of this three-part episode, Jeff talks about the opportunities to land business and key strategies he worked on at Microsoft that helped change the world and wh…

Matt Bush, Guggenheim Investments U.S. Economist, and Evan Serdensky, Portfolio Manager on our Total Return team, share their updated outlook following some recent surprises in the economic data. They discuss the likelihood of a soft landing, the possible path of monetary policy, market dynamics, and investment strategy and positioning. Related Ins…

Early learnings from early Microsoft In this episode of Beyond the Blue Badge, host Rich Kaplan talks with former Microsoft executive Jeff Raikes, who shares his journey before, during and after working at Microsoft. In Part 1 of this three-part episode, Jeff talks about how he went from a farm in Nebraska to working in technology and how he got in…

Karthik Narayanan, Head of Structured Credit for Guggenheim Investments, and Tom Nash, a director on our Commercial Mortgage-Backed Securities (CMBS) sector team, join Macro Markets to discuss drivers of performance, current conditions in real estate, and where they are finding value in CMBS and in other types of structured credit. Related Insights…

Providing unvarnished insights about innovation throughout history In this episode of Beyond the Blue Badge, host Dee Dee Walsh talks with Robert Scoble, a well-known technology evangelist, blogger and author who worked at Microsoft from 2003 to 2006. They discuss his experience of interviewing hundreds of Microsoft employees, from Bill Gates to th…

Following your passions and curiosity can lead you to the top In this episode of Beyond the Blue Badge, Peter Proud interviews Nicola Hodson, the chief executive of UK and Ireland for IBM, about her career journey and her passion for STEM. Nicola shares how she was inspired by her father, who worked in the chemical industry, and by the Concorde, th…

Matt Bush, US Economist; Maria Giraldo, Investment Strategist; and Paul Dozier, Economist, join Macro Markets to discuss the first issue of our newest Thought Leadership publication, Quarterly Macro Themes. We also answer listener mail. Related Insights: 2Q23 Quarterly Macro Themes A new quarterly publication from our Macroeconomic and Investment R…

Anne Walsh, Chief Investment Officer for Guggenheim Partners Investment Management, analyzes the economic and credit cycles, evaluates market opportunities, opines on drivers of returns going forward, and shares portfolio strategies. Rising idiosyncratic risk, she says, calls for active fixed-income management. She also offers advice to young women…

Artificial intelligence and the art of the possible If you’re into AI and what’s possible, this latest episode of Beyond the Blue Badge will have you leaning in. Host T.A. McCann talks to Rahul Sood. Rahul is a serial entrepreneur who started the Bing Fund and eventually Microsoft Ventures while at the company. Founded and sold Unikrn, the world-cl…

Allen Li, Managing Director and Head of Guggenheim Investments’ Municipal Bond Sector Team, explains the structure and characteristics of the $4 trillion municipal market, the importance of technical dynamics, and where he is finding value. U.S. Economist Matt Bush updates the economic outlook. Related Content: 2Q23 Fixed-Income Sector Views Opport…

In the latest Beyond the Blue Badge, Michael Rawding hosts Rajiv Kaul, who was talking to us from Mumbai, India. Rajiv is currently the executive vice chair and CEO of CMS Infosystems, India’s largest physical payments company and the world’s largest ATM cash management company. Prior to joining CMS, He had a distinguished career at Microsoft India…

Tom Hauser, Co-Head of Corporate Credit for Guggenheim Investments and senior portfolio manager for the firm’s high yield and leveraged loan portfolios, discusses his team’s analytical process, the importance of credit selection, and his current views on opportunity in leveraged credit. Take a deep dive with Tom into the fundamental and technical d…

Adam Bloch, Portfolio Manager for Guggenheim Investments, checks in with Macro Markets to discuss opportunities, tactics, and strategy in today’s uncertain economic and market environment. With the relatively high level of income available in the market today, it pays to be patient, and diversified, with an eye towards becoming a liquidity provider…

Julie Larson-Green is no stranger to the Seattle tech scene. She is well known for her work at Microsoft where she led teams of hundreds for Office and Windows. She spent 25 years at the company before making the leap to Qualtrics. Speaking of leaps, she is now CTO at Magic Leap. Host Dee Dee Walsh, developer marketing & business development at Gro…

Justin Takata, Head of Investment Grade Corporate Credit for Guggenheim Investments, discusses the interplay between primary issuance and trading volumes, developments in credit fundamentals, and where he is seeing risk and opportunity. U.S. Economist Matt Bush updates the Fed outlook following recent economic data. Also, we answer listener mail. R…

Former executive Soma on how to unlearn your Microsoft ways Pioneer Square Labs managing director T.A. McCann sat down with former Microsoft executive S. “Soma” Somasegar to discuss his work as a partner at Madrona Venture Group. A 27-year veteran of Microsoft, Soma is a legend, especially amongst Microsoft developers. He became corporate vice pres…

Matt Bush, Guggenheim Investments’ U.S. Economist, and Evan Serdensky, a Portfolio Manager on our Total Return team, share their perspectives and outlook following two eventful weeks in markets and the economy. They discuss the future path of monetary policy, the effects of a possible credit crunch, and investment strategy and positioning. Related …

Putting humanity at the heart of every decision Steve Vamos’ impressive 40-year resume includes leadership positions at Apple, IBM, Microsoft and most recently five years as CEO of New Zealand-based Xero — a cloud-based accounting platform for small and medium businesses. In this installment of Beyond the Blue Badge with host Michael Rawding, Steve…

Karthik Narayanan, Head of Securitized for Guggenheim Investments, gives a master class in structured credit, including where he is finding attractive absolute and relative value in mortgage-backed securities, asset-backed securities, and collateralized loan obligations. U.S. Economist Matt Bush discusses the resilience of recent economic data and …

Lifting others through events, coaching, partnerships After 25 years at Microsoft, most recently as the Global Learning and Experience Director, Nickie Smith is going it on her own as the founder of not-for-profit People for Change, to expand Be Bold for Change internationally, and help lift others through her executive coaching company, Bold Leade…

Steve Brown, Chief Investment Officer for Total Return and Macro Strategies for Guggenheim Investments, shares a CIO’s unique perspective on active portfolio management in a time of higher yields and macroeconomic complexity. He discusses recent economic data, relative value opportunities, and the importance of making asset allocation decisions for…

Brian Smedley, Chief Economist and Head of the Macroeconomic and Investment Research Group, discusses the Fed rate decision, recent inflation, labor, and GDP data, and possible next steps for monetary policy. He also provides key takeaways for investors from our 10 Macroeconomic Themes for 2023. Related Insights: 10 Macroeconomic Themes for 2023 10…

Scott Minerd, Global CIO for Guggenheim Partners and Chairman of Guggenheim Investments, joins the year-end episode of Macro Markets on Fed Day for a wide-ranging discussion of the Federal Reserve’s execution of monetary policy, economic conditions, the investment landscape for risk assets, portfolio strategy, and more. Related Insights Global CIO …

Karthik Narayanan, Head of Securitized for Guggenheim Investments, discusses the structure and value in the residential mortgage-backed securities market and other ABS sectors. Anne Walsh, Chief Investment Officer for Fixed Income, answers a listener question on liquidity. Jerry Cai, an economist in our Macroeconomic and Investment Research Group, …

Anne Walsh, Chief Investment Officer for Fixed Income, joins the podcast to give her analysis of where we are in the economic and credit cycle, and her views on risk and opportunity across the fixed income landscape. Related Insights Fourth Quarter 2022 Fixed-Income Sector Views Market and value updates by sector Read Fixed-Income Sector Views The …