RiverFront Investment Group's Felton on Markets and Strategies

What was the market's reaction to the Federal Reserve's decision on interest rate hikes?

• Immediate increase in stock prices

• Indifference

• Panic and sell-off

• A collective sigh of relief

What trend in consumer behavior is highlighted despite economic concerns?

• Decreased spending on services

• Continued spending on goods and services

• Shift to online shopping

• Increased savings

What is the current outlook for fixed income investors according to the transcript?

• The worst is over

• Continued negative returns

• High volatility expected

• Stable returns

How are long-term investors advised to hedge against inflation?

• Holding cash

• Buying gold

• Staying in equities

• Investing in real estate

What challenges are small businesses facing according to the transcript?

• High demand for products

• Inflationary pressures and labor shortages

• Excessive government regulation

• Lack of innovation