Domestic threats, they share their thoughts on the evolution of the position. Coronavirus and the next administrations priorities. Such an honor to be here and of course with this very, very impressive panel, im really honored to lead this conversation today. These gentlemen do not need an introduction but for good measure ill just run through the very, very top lines of their bios. General james jones is executive chairman emeritus, who served under barack obama as the nations 22nd National Security adviser in january 2009, previously he served as supreme allied Commander Europe and as the 32nd commandant of the marine corps. Nuclear technology company, he served as the 13th National Security adviser under president Ronald Reagan and is a retired marine corps officer. Its great to have you here too. And of course ambassador john bolton chairs the foundation for American Security and freedom, serving most recently as the 27th National Security adviser under President Donald Trump and a
Profits would benefit under that scenario. Tom what is the theoretical justification now for owning such a low coupon . Caroline so this is the big debate, isnt it . Beijing provides stability in portfolios when you do get the downturns, the bonds still act in that manner. With the help of that perspective, in terms of our preferences in the bond space, going to areas where youre getting more yield, so emerging market bonds, for example, where the income is a bit more attractive. Are, theok at where we reset in q4. Is this a moment of drama for you in terms of reset and reallocation, or is it a q4 steady as she goes . Caroline i think it is important to have a continual rebound and seeing portfolios throughout the year on a regular basis as markets move. Whether we are into one quarter or another doesnt matter so much. We have had the peak economic upping if you like from the virus lockdown, so that is quite helpful, but it will fade as we go forward. But our expectation is that we ret
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