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Seth Golden posted an update 4 years, 10 months ago
Kolanovic on rising rates:
“Rotation from defensives/momentum into value/cyclicals to continue. Yields can increase another ~150 bps before they become a potential problem, and that rising yields will only accelerate the upside in cyclical and value stocks as they reflect improving economic conditions”-
in the past 10 years, when bond yields spiked at least 50bp or more in a month, and there were 11 such episodes, equities were up every single time
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