Why the Fed will let the bull market keep running

A US rate hike has the potential to upset equity markets, as we saw in late 2015. So what can we expect going forward? Following the Fed’s ‘fizzer’ at Jackson Hole, markets are now looking to data for guidance on the direction of rates. The chance of a September hike, as suggested by Fed Fund Futures, has already drifted back to 32% from 42% since the symposium. Looking further out, we asked five contributors what the expected from US rates over the next few years. Thanks to Angus Coote, Executive Director at Jamieson Coote Bonds; James Alexander, Head of Fixed Income at Nikko Asset Management; Chad Slater, Joint CIO at Morphic Asset Management; Jordan Eliseo, Chief Economist at ABC Bullion; and Vimal Gor, Head of Income & Fixed Interest at BT Investment Management. Please click here to read their views (VIEW LINK)