Inflation, higher rates threaten stocks
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higher interest ratesInsider
•Inflation isn't going anywhere, and higher rates could spark a 12% downturn for stocks in the coming year, veteran strategist says
84% Informative
Wall Street veteran Bill Blain says inflation and higher interest rates aren't going away.
Higher rates could crush speculative investments, driving a 12% decline in stocks, he says.
The Fed isn't poised to take interest rates as low as markets think, and borrowing costs could rise from here.
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