Rebalance Stocks, Bonds ‘A Little Bit,’ Says Julian Emanuel

Julian Emanuel, chief equity and quantitative strategist at Evercore ISI, said investors should "rebalance a little bit" from stocks into fixed income following the Federal Reserve's interest rate increase, the first in three years. The rate hike affects the relative valuations of stocks and bonds in investment portfolios. Emanuel discussed the market implications of the Fed's decision on Bloomberg.

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