by Cap­i­tal Inter­na­tional Asset Management

Many recent events trou­bling investors can be attrib­uted to the same thing — - the "debt super­cy­cle," explains fixed-income port­fo­lio man­ager, Jim Mulally, in this video clip:

"There are still incred­i­ble amounts of lever­age in the sys­tem. Some was writ­ten off in 2008–2009, but a lot of it was just pushed onto the government...We reshuf­fled the deck, but the debt is still there."

Jim is an econ­o­mist by train­ing and worked at the U.S. Fed­eral Reserve before join­ing Cap­i­tal in 1980.

In other clips, Cap­i­tal Research and Man­age­ment Com­pany port­fo­lio man­agers Mar­tin Jacobs, Greg John­son, Wes­ley Phoa and Brad Freer share their views about gov­ern­ment efforts in var­i­ous coun­tries, the mar­kets' response and poten­tial oppor­tu­ni­ties for investors.

Mar­kets, investors at a cross­roads
VIDEO (16:28)
TRANSCRIPT

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