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Rising rates won’t crush bull market, predicts bull Rich Bernstein

An Institutional Investor corridor of famer would not see rising curiosity rates getting in the way in which of inventory market beneficial properties this yr. According to Richard Bernstein, the conflict between rising inflation expectations and stronger earnings should not push buyers into the bear camp. “This is a tug-of-war …

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Caterpillar, Amazon are among the many big stocks reversing suddenly lower

Something unusual occurred in the inventory market Tuesday as big stocks reversed sharply lower after opening increased. Thirty stocks in the S&P 500 dropped greater than 5 p.c from their opening costs with many of the names concentrated in the industrial and expertise sectors. The industrial stocks’ decline is probably …

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