Reaction to Fed Announcement: A Shift to High Quality

In this latest video update, Michelle Picard, CFA, Portfolio Manager, provides an outlook on the remainder of the year and notes she was not surprised by the Fed's decision to leave interest rates unchanged. She still believes that the Fed will increase rates before year end. With a US interest rates hike on the horizon, an increase in market volatility and slow growth, Picard explains why she believes we are entering a high quality market.