Fed to Hike to Avoid Market Volatility, Says Metlife's Matus

The transcript discusses the upcoming Federal Reserve meeting and the likelihood of an interest rate increase. It examines the Taylor Rule and its implications for the US economy, suggesting that current rates are not yet normalized. The conversation shifts to the equity markets, highlighting the challenges posed by higher long-term rates and the shift from multiple expansion to earnings growth as a driver of market volatility.

What challenges does the speaker identify in the equity markets?

How does the speaker expect earnings growth to impact volatility in the coming years?