Have bank fears upended the investment outlook?

Bank failures and federal interventions injected more uncertainty into financial markets as the first quarter of 2023 wound down. Co-Chief Investment Strategists Emily R. Roland, CIMA, and Matthew D. Miskin, CFA, join podcast host John P. Bryson to discuss prospects for any further escalation of bank risks, the government’s capacity to deal with such scenarios, and the potential impact on equities and fixed income. Emily and Matt also assess the latest economic numbers, which appear to show a divergence between services and manufacturing. Finally, they explore whether the U.S. Federal Reserve’s latest interest-rate increase might lead to a pause or a reversal of the rate-hiking cycle, with potentially big implications for fixed-income investors.