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The Data Will Guide The Federal Reserve
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There are concerns that cracks in the economy are starting to show with US Treasuries reacting as yields have risen of late above 4.5%. We ask Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management if that means the Federal Reserve will raise rates sooner rather than later. We also ask what is the best asset allocation strategy to adopt in the 2nd half of this year as US markets have already rallied with the S&P500 and Nasdaq up by 14% and 19% respectively.
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