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BENTLEY DELIVERED โ๏ธ
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tg-me.com/bunnyaccountstore/50235
BENTLEY DELIVERED โ๏ธ
DM @BUNNYADMIN9984
FOR DEAL
BY ๐๐จ๐ก๐ก๐ฌ ๐๐๐๐ข๐จ๐ก๐ง ๐ฆ๐ง๐ข๐ฅ๐ ๐ฎ๐ณ
If riding a bucking bronco is your idea of fun, youโre going to love what the stock market has in store. Consider this past weekโs ride a preview.The weekโs action didnโt look like much, if you didnโt know better. The Dow Jones Industrial Average rose 213.12 points or 0.6%, while the S&P 500 advanced 0.5%, and the Nasdaq Composite ended little changed.
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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