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Cairnpapple Hill, in West Lothian, Scotland. 🏴󠁧󠁢󠁳󠁣󠁴󠁿

Cairnpapple Hill (Gaelic: Càrn a’ Phubaill; Welsh: Carn y Pabell; “Stone-heap of the tent”) was an important ritual site in ancient Scotland, used for rituals and burials of important persons for thousands of years. The site was being used since the Neolithic, with evidence of ritual offerings being placed there since 3,500 B.C. Around 3,000 B.C; the site was built up into a henge, with a bank and ditch covering an oval area 60 meters in diameter, lined with 24 wooden poles, and with entrances placed on the north and south. By 2,000 B.C. a stone and clay cairn was built off-center within the cairn, containing the burial of a man within a stone chamber, accompanied by beaker-style pottery and associated items, such as a club and a type of ceremonial mask. Over the course of the next several hundred years, the cairn was enlarged at least twice, with huge stones and additional burial-cists added, as well as at least two cremation burials.

The site’s later history is somewhat obscure, though it seems likely that it was still an important ritual site during Roman times: The Greco-Roman geographer Ptolemy recorded a site named Medio-Nemeton (“midland-sanctuary” or “middle-grove”) not far from the Antonine Frontier system; Cairnpapple Hill was just south of it and is the best candidate for identification as Medio-Nemeton. Archaeologists have also found two early medieval Christian burials within the site, indicating that the importance of Cairnpapple Hill had lasted even until then.

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Cairnpapple Hill, in West Lothian, Scotland. 🏴󠁧󠁢󠁳󠁣󠁴󠁿

Cairnpapple Hill (Gaelic: Càrn a’ Phubaill; Welsh: Carn y Pabell; “Stone-heap of the tent”) was an important ritual site in ancient Scotland, used for rituals and burials of important persons for thousands of years. The site was being used since the Neolithic, with evidence of ritual offerings being placed there since 3,500 B.C. Around 3,000 B.C; the site was built up into a henge, with a bank and ditch covering an oval area 60 meters in diameter, lined with 24 wooden poles, and with entrances placed on the north and south. By 2,000 B.C. a stone and clay cairn was built off-center within the cairn, containing the burial of a man within a stone chamber, accompanied by beaker-style pottery and associated items, such as a club and a type of ceremonial mask. Over the course of the next several hundred years, the cairn was enlarged at least twice, with huge stones and additional burial-cists added, as well as at least two cremation burials.

The site’s later history is somewhat obscure, though it seems likely that it was still an important ritual site during Roman times: The Greco-Roman geographer Ptolemy recorded a site named Medio-Nemeton (“midland-sanctuary” or “middle-grove”) not far from the Antonine Frontier system; Cairnpapple Hill was just south of it and is the best candidate for identification as Medio-Nemeton. Archaeologists have also found two early medieval Christian burials within the site, indicating that the importance of Cairnpapple Hill had lasted even until then.

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Spiking bond yields driving sharp losses in tech stocks

A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.

Start with a fresh view of investing strategy. The combination of risks and fads this quarter looks to be topping. That means the future is ready to move in.Likely, there will not be a wholesale shift. Company actions will aim to benefit from economic growth, inflationary pressures and a return of market-determined interest rates. In turn, all of that should drive the stock market and investment returns higher.

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