Markets have been experiencing increased volatility since mid-February when interest rates began moving sharply higher. Stock investors are concerned that increased borrowing costs will put downward pressure on growth and threaten the solvency of some companies. Even if true, keep in mind that interest rates are still very, very low so the main concern is the uncertainty. How much higher will yields go and will added inflation force the Fed to raise rates driving yields ever higher? It is our contention that rate volatility will subside soon, and calm will return to the markets. The growth story for stocks is still in tack with rising GDP, economies reopening, and more fiscal stimulus on the way. We see further pull-backs as buying opportunities.