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June 21, 2022

Fed hiked rates and equity markets are in bear territory—what now?

Kevin Headland, CIM

Kevin Headland, CIM,  Co-Chief Investment Strategist Manulife Investment Management

Macan Nia, CFA

Macan Nia, CFA,  Co-Chief Investment Strategist Manulife Investment Management

The S&P 500 Index entered bear market territory on Monday, June 13, on the back of persistently high inflation and belief that the U.S. Federal Reserve will raise rates high and fast to get it under control and perhaps causing a recession. What does this mean?
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