Brace for wild swings in US stocks amid elevated interest-rate uncertainty, wealth manager says

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Expect stock volatility in the coming months, says David Donabedian, chief investment officer of CIBC Private Wealth US.

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The last time US stocks were this pricey relative to the debt market, the S&P 500 crashed 50%

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Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2023 in New York City.
Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2023 in New York City.

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