Episode 1
Is a hard landing priced into markets? In the debut episode of the Commonfund OCIO podcast, Chief Investment Officer Deborah Spalding and Chief Investment Strategist Kris Kwait break down the firm's macro dashboard, where employment remains strong, inflation is slowing but still above the Fed's two percent target, and the full impact of twenty months of rate hikes has yet to be felt. Kris explains why Commonfund is running portfolios at neutral on equities versus fixed income, and why the current environment favors quality companies with strong balance sheets in both public and private markets. The episode covers specific opportunities in fixed income — including mortgage-backed securities and private senior lending — and tackles investor concerns around real estate and regional banks, explaining why Commonfund's focus is on digital infrastructure assets like data centers, fiber, and tower assets instead.