5947 TO 6435 HIGH 85% OIL
286 TO 350 DEC END ___NEW HIGH TARGET HIT 100% GAS π
BY ππππ ππππ ππππππ πππππππ ( ΨΨΆΨ±Ψͺ Ψ¨Ψ§Ψ¨Ψ§ ΨΨ§Ψ¬Ϋ Ψ΄ΫΨ± Ψ―ΫΩΨ§Ω )
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.
Start with a fresh view of investing strategy. The combination of risks and fads this quarter looks to be topping. That means the future is ready to move in.Likely, there will not be a wholesale shift. Company actions will aim to benefit from economic growth, inflationary pressures and a return of market-determined interest rates. In turn, all of that should drive the stock market and investment returns higher.
ππππ ππππ ππππππ πππππππ ΨΨΆΨ±Ψͺ Ψ¨Ψ§Ψ¨Ψ§ ΨΨ§Ψ¬Ϋ Ψ΄ΫΨ± Ψ―ΫΩΨ§Ω from us