RBC Strategist: U.S. Stock Market Can Withstand Two 25bp Rate Hikes Within 12 Months

According to RBC Capital Markets strategist Lori Calvasina, the U.S. stock market should be able to withstand rate hikes as long as the Federal Reserve's tightening cycle remains measured. Calvasina said on Monday during Bloomberg's Surveillance program that she believes stocks will ultimately be fine if the Fed raises rates twice by 25 basis points each over the next 12 months.
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