Chief Investment Officer David Laut joins BNN Bloomberg’s The Open to discuss general market conditions and the potential trajectory of the U.S. Federal Reserve’s monetary policy. During the segment, David shares his commentary on why the central bank may remain in a holding pattern, and explores the factors that could make an interest rate hike or cut unlikely this year. This discussion provides a high-level overview of the current economic environment and touches on general concepts for approaching long-term market cycles.