By Jeremy Schwartz, CFA, Global Chief Investment Officer; and Jim Bianco, President and Macro Strategist, Bianco Research Key Takeaways There has been a shift from a zero-interest rate environment to higher rates, presenting new challenges for bond managers and requiring new strategies for fixed income portfolios. There is a debate about the neutral interest rate, [...] The post Q2 Investor Letter: The Market vs the Fed appeared first on ETF Trends .