After a long period of monetary ease, the first increase in interest rates has typically resulted in greater volatility in both the stock and bond markets. A look back at historical capital markets cycles indicates that we have seen market reactions in the range of a 10% to 35% drop in stock prices directly following the first increase in rates. We have no reason to believe that this time will be different. Read more.
Wednesday, April 1, 2015 12:03:00 PM