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The Fed has created a ‘Goldilocks’ environment that will push stocks higher, top HSBC investment strategist says

The Fed has said strong inflation will prove transitory. Liu Jie/Xinhua/Getty Images The Fed has created a "Goldilocks" scenario in which stocks should keep rising, Willem Sels said. The HSBC Private Banking investment boss said inflation and rising bond yields should prove transitory. He said he was seeking a balance between growth and value stocks as the recovery continues. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The Federal Reserve has created a "Goldilocks" environment in which inflation should stay under control and stocks can keep rising, the chief investment officer at HSBC Private Banking and Wealth Management has said.Willem Sels said he believed the Fed had struck the right balance between keeping monetary policy loose and signaling tha...