2015-10-03 — bloomberg.com
Frustration is growing that even after seven years of easy-money policies, economic growth remains sluggish. While the Federal Reserve is signaling that it's in no hurry to normalize interest rates, investors are increasingly worried about what the data will mean for earnings at companies that have sold $9.3 trillion of corporate bonds since the start of 2009.
"At some point the financial markets say, ‘Enough about monetary stimulus, we need real growth,'" said Jack McIntyre, who helps oversee $54 billion at Brandywine Global Investment Management LLC in Philadelphia. "Bad things happen in a low-growth environment. There's more risk, more potholes."
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