With steady growth in US jobs — and now wages — boosting consumer confidence and pushing the business cycle forward, there’s more talk of the US Federal Reserve raising rates. Chief Investment Strategist James Swanson explains why starting to tighten gradually — say, 25 basis points in September — might not be so bad for the US economy or investors. Recorded June 2015.
For more market commentary from MFS, visit our YouTube channel.
No forecasts can be guaranteed. The views expressed are those of James Swanson and are subject to change at any time. These views are for informational purposes only and should not be relied upon as a recommendation or solicitation or as investment advice from the Advisor.