tg-me.com/shaxdamaanta/25920
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UFXJ3
BY 🕊️ Shaxda Maanta 🕊️
![](https://photo.tg-me.com/u/cdn4.cdn-telegram.org/file/aUUjZxtJqSmsRPDrnVsgiJKP5hqu9nTW4PpuTcPIVjlZF5wW3hMtFEFBNd5Ev9F6R1X_sdeDFLzFk1wac4KusKJ9MZVd3c9q0d-8IdALokHvyOt0nBx86cTZ3m6zVznDRe3l_CVtZshLk32U4pduRC-qC8GNbMBYVm6ZzkDMWchavJnsehmkaUbyhS8vPdP6IkgVLWxgz8HviOoXsk-rQml_Dmkxz4Li-zGo_YTqbj1xvSSWimc6FhqTrUi-OPBI6kOanc_AnGNxGslKUxNmp62DW8rM1rZLxiYOltj0cYDAaz4yiZ_tyKqbsyHu0AA-v8J0BMDYBMQoNKOHQYiG4Q.jpg)
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tg-me.com/shaxdamaanta/25920
UFXJ3
BY 🕊️ Shaxda Maanta 🕊️
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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