tg-me.com/Rap3daOriginal/90179
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Arown X Isam X Khalse X Koorosh
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BY Rap3da Original
![](https://photo.tg-me.com/u/cdn4.cdn-telegram.org/file/ANc3hu9iziXqpovqMixBF8Ur2IZB_dPBxqpk_wgmiM6MKst4kfqNYMgyX6nokkE7GZh-cThp57RNs7SGv9ELybVwedjWfPUZxgm2FhzAkVOtRtfEn4qhMZ4tx25vf_1f0gaijXI3JfPygiXCTC_m-Tf-feN6tyLf597c8JkPPQQP1DxwVUUcoK2syc09PFfK7xdV9duHxJcH8OlZqWYLdFtP-3kjQp2f77D8wXM43kUcXRSO_5xVrbaWoRVl7HPjqMsMKYN4gfipVUIHecTKnGSBgQLG1qPBdzIOVQFGxBA10cddTdJb4F9VkkLNf-uysd3bWR-7ULMbB0RBlNnhDg.jpg)
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tg-me.com/Rap3daOriginal/90179
Arown X Isam X Khalse X Koorosh
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BY Rap3da Original
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.
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