Roosevelt Investments' All Cap Core Equity Team discusses the possible "taper" in quantitative easing by the Federal Reserve.
"Despite growing indications that the Fed is starting to consider exit strategies for its quantitative easing program, stocks fared well in May. In our view, this may be an early sign that the markets could prove resilient when the Fed ultimately begins to taper its asset purchases. The future path of interest rates will likely play a large role in determining how well equities cope with a change in monetary policy."