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Monday, June 18, 2018 8:04:43 PM
I do think higher interest rates might do what they often do - drop the market by 15% and hot stocks by 20% . It is almost a necessity as the NPV of the future earnings is discounted (by the market) at higher interest rate -- and when (eventually) high enough we hit a recession
Not really avoidable - the question would be - is the economy viewed by the FED as strong enough for say 1.5 percentage points rise ?
Meanwhile MSFT and a couple others and index funds are all long for the long run
No one wins in a trade war
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