Author: John Pugliano
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Interest Rates are the Temperature of the Economy
Interest rates are on the raise, up nearly 9% since June 1 and just under 10% year-to-date. Is that good or bad for the stock market? Think of interest rates in terms of the body’s temperature. A “normal” human body temperature is around 98.6 degrees Fahrenheit. Higher than that and it’s likely there’s an infection…