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TKer: The stock market has been on a headwind-defying run. Will it continue?

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Long-term interest rates remain above levels we’ve experienced in recent years .

This is a headwind for anyone needing to borrow money or refinance debt.

The U.S. dollar, meanwhile, has appreciated significantly against many major foreign currencies.

The outlook for earnings growth continues to be very positive, says TKer Stock Market Truth No. 5.

The 30-year fixed-rate mortgage saw its first decline in six weeks .

Gasoline demand fell from 8.32 million b/d last week to anemic 8.08 million .

Initial claims for unemployment benefits rose to 223,000 during the week ending January 18 , up from 217,000 the week prior.