March 18 could trigger transitory stock sell-off

Genevieve Signoret


We’re bullish on equity for 2015 and 2016 as a whole but expect valuations to undergo a transitory stock market sell-off once markets become convinced that the FOMC is bound to hike rates for the first time soon. This could come as soon as the Janet Yellen press conference following the March 17–18 meeting.

The recent fall in volatility could be interrupted by FOMC on March 18


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