Oppenheimer Asset Management Chief Investment Strategist John Stoltzfus joins Yahoo Finance to break down how the markets are reacting to historic peaks in interest rates and bond yields, as well as offer insight to what investors should keep in mind during these developments.
He additionally affirms his belief in American consumers continuing to be robust in their spending:"We don't believe in betting against the American consumer. I've been in this business for 40 years and the American consumer spends like a sailor on leave... during good times and during tight times... they still shop."Live news: Landmark Toronto condo put into receivership after racking up $1.