Source: Strategas and Todd Asset Management
Returns are price only, annualized and do not include dividends
Conventional wisdom says a combination of rising interest rates and stock prices can't be bedfellows.
History shows higher rates and higher stock prices can co-exist as in the 1950's and 60's.
We see a similar environment unfolding, driven by pro-growth policies and unleashing the digital economy, over the next 5-7 years.
This publication has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Past performance does not provide any guarantee of future performance.