tg-me.com/rosariiisna1/297
Last Update:
🙏🙏
BY Scarf.oni2
![](https://photo.tg-me.com/u/cdn4.cdn-telegram.org/file/oymz3XM4lB_JJId0aB4KpaLgv1X33FUP9tUUXLp1kDRY_PHWGmbnRfxOyv_JMojpyiUUIXv0GoVkKZSRiFKwyjOGaQf1xqKKu5D6Um5f3IqcCYCIohrlGRPkNAt2P8nrXP3AaSnp7DhQ5_oSzVOSbUe6mMJ-zdadZufOuc57XjCh5Pd6ITLBjf85b3epKsy1pyIYqbTrdMSBN9K5hG1-rDQu8uqhwPS2L6biVaqk-tyk1LBOtDxlKTe2B5uc6RLC6BMRGxXqMMlpiWLZpc_yVhD9E-HVY1Gj19GnbxDSs2FKtZjb9BAyfYtzdcO0r_DAJfvyL8AeAnzpSmwmbeh0oA.jpg)
Share with your friend now:
tg-me.com/rosariiisna1/297
🙏🙏
BY Scarf.oni2
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.
The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.
Scarf oni2 from cn