Richard Steinberg, CFA, Chief Market Strategist for The Colony Group, participated in the CNBC Fed Survey published September 21, 2021, which represents the opinions of 32 of the nation’s money managers, investment strategists, and professional economists. His comments are below:

Investors will have a keen eye on the Federal Reserve’s messaging for weaning ourselves off of the massive bond purchasing program. Pace matters. With a slow and steady message, equities markets may take it in stride and long bond yields will still remain uncompetitive for risk assets.

Download the CNBC Fed Survey 2021: