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It Can Always Go Higher | "On The Margin" Round Up with Byron Gilliam and Jack Farley
Forward Guidance
The S&P 500 Stocks Rally to Surprise of Many
The S&P 500 stocks have been on an absolute tear to the surprise of many and it just keeps on going. Rising rates are good for banks because they can make loans at higher yields; bad for tech because tech stocks may make all their money in the future. The stock market is supposed to go down when interest rates go up and it hasn't, which I think just shows you that just everything is narratives.
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