Bloomberg's "The Close" hosts Jake Schurmeier, Portfolio Manager of Harbor’s Multi-Asset Solutions Team
Check out what Jake Schurmeier, Portfolio Manager of Harbor’s Multi-Asset Solutions Team, had to say regarding the U.S. banking system and more on Bloomberg’s “The Close” with hosts Romaine Bostic and Katie Greifeld.
Important Information
The views expressed are those of Harbor Capital Advisors, Inc. investment professionals at the time the comments were made and are current as of March 24,2023. The views expressed herein may not be reflective of their current opinions, are subject to change without prior notice, and should not be considered investment advice or a recommendation to purchase a particular security. The discussion herein is general in nature and is provided for informational purposes only. There is no guarantee as to its accuracy or completeness. Past performance is no guarantee of future results.
The Financial Stability Oversight Council (FSOC) is a council formed by the Dodd-Frank Act, charged with monitoring the financial system and its stability.
Federal Reserve Statistical Release H.4.1 summarizes the balance sheet of the Federal Reserve System of the United States. The releases are weekly, usually each Thursday.
Agency Mortgage-Backed Securities (MBS) are pools of securitized residential mortgage loans that are issued and guaranteed by U.S. government agencies.
The liquidity coverage ratio (LCR) refers to the proportion of highly liquid assets held by financial institutions, to ensure their ongoing ability to meet short-term obligations.
Quantitative Easing (QE) is a monetary policy action where a central bank purchases predetermined amounts of government bonds or other financial assets in order to stimulate economic activity.
Investing entails risks and there can be no assurance that any investment will achieve profits or avoid incurring losses.
Indices shown are unmanaged and do not reflect fees and expenses and are not available for direct investment.
Harbor Capital Advisors, Inc.
2817773