Equity markets moved little in April as both the 10-year Treasury yield and credit spreads remained relatively stable.

As widely expected, the Federal Reserve hiked interest rates by 0.25% and hinted that it may be the final move in the most aggressive tightening campaign since the 1980s. Read Chief Investment Officer Sean Clark’s latest Market Update.

In this webcast replay, Head of Client Portfolio Management Glenn Dorsey, CFA®, CAIA® shares our latest economic insights.

The collapse of Silicon Valley Bank likely serves as a watershed moment for both economic expectations and the Fed’s policy reaction to it moving forward.