Real GDP for the Fourth Quarter Revised Up, GDI Jumps
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The BEA revised fourth-quarter GDP from +3.2 Percent to +3.4 percent. Real
GDI was a whopping +4.8 percent but discrepancies remain and charts tell a
bette...
2022-03-31
Financials XLF
Rising interest rates benefit XLF, but now I think they've bottomed, or at least a big bounce off long-term support will follow. This will be murder for financials in the context of a wider sell-off in stocks.
Labels:
banks,
Charts,
interest rates,
TLT,
XLF
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