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Spiking bond yields driving sharp losses in tech stocks

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.

NEWS: Telegram supports Facetime video calls NOW!

Secure video calling is in high demand. As an alternative to Zoom, many people are using end-to-end encrypted apps such as WhatsApp, FaceTime or Signal to speak to friends and family face-to-face since coronavirus lockdowns started to take place across the world. Thereโ€™s another optionโ€”secure communications app Telegram just added video calling to its feature set, available on both iOS and Android. The new feature is also super secureโ€”like Signal and WhatsApp and unlike Zoom (yet), video calls will be end-to-end encrypted.

๐ƒ๐ ๐๐Ž๐’๐’ ๐Œ๐จ๐›๐ข ๐Œ๐š๐ญ๐š๐ค๐š ๐Š๐š๐ฅ๐ฒ๐š๐ง ๐ฌ๐š๐ญ๐ญ๐š from TW

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Telegram ๐ŸŽฐ๐ŸŽฐ๐ƒ๐ ๐๐Ž๐’๐’. ๐Œ๐จ๐›๐ข( ๐Œ๐š๐ญ๐š๐ค๐š) ๐Š๐š๐ฅ๐ฒ๐š๐ง ๐ฌ๐š๐ญ๐ญ๐š๐ŸŽฐ

Created: 2021-06-04

From: ้›ปๅ ฑ็พค็ต„ and เคญเคพเคฐเคค

Telegram ๐ŸŽฐ๐ŸŽฐ๐ƒ๐ ๐๐Ž๐’๐’. ๐Œ๐จ๐›๐ข( ๐Œ๐š๐ญ๐š๐ค๐š) ๐Š๐š๐ฅ๐ฒ๐š๐ง ๐ฌ๐š๐ญ๐ญ๐š๐ŸŽฐ, 636108 Telegram Group & Telegram Channel ้›ปๅ ฑ็พค็ต„, US

Telegram ๐ŸŽฐ๐ŸŽฐ๐ƒ๐ ๐๐Ž๐’๐’. ๐Œ๐จ๐›๐ข( ๐Œ๐š๐ญ๐š๐ค๐š) ๐Š๐š๐ฅ๐ฒ๐š๐ง ๐ฌ๐š๐ญ๐ญ๐š๐ŸŽฐ, 636108 Telegram Group & Telegram Channel, เคญเคพเคฐเคค, IN

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