Amid rising volatility, emerging opportunities

Through much of the late summer rise in market volatility, Manulife Investment Management Portfolio Manager Michael J. Scanlon, Jr., CFA, has tried to view the stock market with plenty of caution without losing sight of potential opportunities. Scanlon explores current risks, the outlook for further interest-rate cuts by the U.S. Federal Reserve, and the enduring strength of U.S. consumer spending—one of the bright spots in a weakened global economy.