The Federal Reserve once again kept its key rate unchanged at its June 12th meeting. In this month’s video, we discuss how the direction in interest rates and yields has impacted stock market returns in the short term. Although corporate earnings have continued to beat expectations and we believe are the longer-term driver of stock returns, it is hard to deny the focus that investors have had on the direction of yields and how that has led to stock market returns over the last year.
If you have further questions about the video, please reach out to a member of your client service team or contact us.
Watch here: https://youtu.be/LRJqfyEbrTQ