3 Common Mistakes Made by Investors Today

November 8, 2019

Matt Freund, CFA, Co-CIO, Head of Fixed Income Strategies and Senior Co-Portfolio Manager, elaborates on three common mistakes being made by investors in today’s markets—resulting in poor timing, taking on too much risk and missed opportunities.

Transcript

Video recorded 10/17/19.

Opinions, estimates, forecasts, and statements of financial market trends that are based on current market conditions constitute our judgment and are subject to change without notice. The views and strategies described may not be suitable for all investors. References to specific securities, asset classes and financial markets are for illustrative purposes only and are not intended to be, and should not be interpreted as, recommendations.

Fixed income securities entail interest rate risk. High yield securities are also subject to increased credit risk and liquidity risk.

©2019 Calamos Investments LLC. All Rights Reserved. Calamos® and Calamos Investments® are registered trademarks of Calamos Investments LLC.

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Media Appearances

Modern Monetary Theory (MMT) Explained

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Matt Freund, CFA, Co-CIO, Head of Fixed Income Strategies and Senior Co-Portfolio Manager, outlines some of the pros and cons of Modern Monetary Theory—and why it might be a potential funding option for proposed economic initiatives in the U.S.

A Market of Bonds

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In the words of Matt Freund, CFA, Co-CIO, Head of Fixed Income Strategies and Senior Co-Portfolio Manager, there’s no such thing as the bond market. Instead, it’s “a market of bonds” that vary based on their defining characteristics—including quality, duration, income, prepayment terms and more—and each will behave differently.

Calamos Fixed Income Vs. Passive Investing

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Matt Freund, Co-CIO, Head of Fixed Income Strategies, Senior Co-Portfolio Manager, explains that there are three main reasons to go active over passive: risk management, the composition of fixed income indices and the changing nature of fixed income indices.

The Mistake Fixed Income Investors Make

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Matt Freund, Co-CIO, Head of Fixed Income Strategies, Senior Co-Portfolio Manager, cautions investors not to think about the bond market as one single, monolithic market, but to think about sectors and exposures. The team sees opportunities in select parts of the credit markets, the structured product markets, as well as the international and convertible markets.