tg-me.com/motfstudio/2092
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Isamu Noguchi’s fascinating quest to design the perfect ashtray
BY motf
![](https://photo.tg-me.com/u/cdn4.cdn-telegram.org/file/UMI83LDZKrBqR9ezOzlwbyoA739Kjn09T5SEDeYBo0vsMDv4PmQg6kEGwM5hbMmlWz2CJDuNgB61Xz5q_EDHVdu0NuPfSO44n_-L2XADBdmJjLSWLxj1noFmE6Al966V_j06QZSfRIes4yaipak1oCcU8zrN9Ij1jCLckTWT521JEJv4Xy9io_1pO6njTxoLj4xDCoJX-CykdSy84a9p5qp-pUYLult75buPZ1Eq6MxUOqIss9uQob-ufVGMIoEhgIiJIq_Wt21R1Vh4uSCh6DP7x3VzEI6jGjHUP6CcA3j-CVLc8kUJzQsRSdyFMU7mPvURSCbs18m9YLLoHjUjbg.jpg)
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tg-me.com/motfstudio/2092
Isamu Noguchi’s fascinating quest to design the perfect ashtray
BY motf
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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