I don't think it behooves the Fed to be overly hawkish now, says Chris Konstantinos of Riverfront Investment Group. He thinks the Fed wants to leave their options open. Chris points out the high level of debt in the U.S. and other parts of the world. He discusses tapering and interest rate hikes. He thinks owning some cyclical assets is a pretty good play, such as cyclical industrials. They also like tech, as a long duration asset.
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29 Oct 2021
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