Raising of interest rates shouldn't be a concern for the stock market: Steve Brice

In a chat with ET Now, Steve Brice, Chief Investment Strategist, Standard Chartered Bank, shares his views on the Fed policy.

ET Now: The positive takeaway at least for equities is that the US has now said that they are going to retain low interest rates for a considerable time. Does it seem like one can now sort of breathe a sigh of relief and one can really easily say that it is only next year and maybe the latter part that one will see an interest rate hike from the Fed?

Steve Brice: The idea that raising interest rates leads to sustainable concerns for the stock market is probably misplaced. It can lead to short-term volatility as we get close to that decision actually being implemented.

We believe that the bull markets globally, and still in the US, are likely to continue for another two to three years from here.