With positive jobs reports and wage increases in the U.S., people are wondering if it’s time for the Fed to raise rates. The Fed has demonstrated over time that they want to be seen as data-driven in their decision-making and as a result, I wouldn’t be surprised if we see a nominal increase in rates later this year.
In general, we see continued growth in the U.S. economy and are moving away from the defensive stance we have taken over the last few years. Technology, industrials and consumer discretionary are all sectors we are looking at. Check out my latest appearance on Fox Business News “After the Bell” for insight on specific companies within these sectors.