Portfolio Manager Rob Breed, CFA, talked to The Wall Street Journal about his current views on the market. The story is titled “U.S.-Stock Funds Avoided the Bear” and Rob commented…
“The Fed is playing catch-up and can’t come to the market’s rescue the way it has in the past, given that we are in a high inflationary period and it has committed to fighting it via higher rates. This is one major risk for the market right now.”