Franklin Templeton's Sonal Desai on Fixed Income

In this episode of Masters in Business, Barry Ritholtz interviews Sonal Desai, Chief Investment Officer for Franklin Templeton's Fixed Income Group, about her career path from academia and the IMF to the private sector, her experiences during the 2008 financial crisis, and her current outlook on the fixed income market. Desai shares insights on the importance of pricing risk appropriately, the impact of liquidity on investment decisions, and the role of geopolitical factors. She also discusses the U.S. economy's resilience, the nuances of tariffs, and the potential for European growth, offering advice to those interested in a career in investing and reflecting on lessons learned throughout her career.