Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, July 26, 2023.
Al Drago | Bloomberg | Getty Images
Consider the role of the strategist in modern-day portfolio management. Her primary goal is to figure out if the Federal Reserve is going to stop raising interest rates. She has to try to figure out why the longer end of the yield curve is predicting a recession.