Fehr: Position portfolios for Fed QE reduction timelines

Craig Fehr, Canadian market strategist for Edward Jones, discusses the U.S. Federal Reserve’s QE reduction policy in the near-term future. Fehr predicts a gradual pace to reduction, with the Fed working in tandem with economic growth, and suggests investors position portfolios for short-term elevated volatility and long-term higher interest rates and growth. He spoke at the TMX Broadcast Center in Toronto.