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Investment Strategy Commentary

 
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  SUMMARY
  • Fed rhetoric suggests a rate hike is appropriate “in the coming months”; we still believe it will err on the side of caution
  • Slow growth, modest inflation and negative interest rate policy abroad all prevent the Fed from raising rates too fast
  • History suggests markets handle rate hikes fine (and actually perform well) if rate hikes are well telegraphed
Keywords:
Investment Strategy Commentary, The Fed, Janet Yellen, Jim McDonald
The Bark is Worse Than the Bite
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