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The Puzzle of the Equity Market’s Reaction to Rising Rates
Equity index multiples have barely budged with rising interest rates, but rates still are driving returns in most individual stocks. Deputy CIO and CIO of Global Equities Michael Hunstad, Ph.D., examines why this may be happening.
- Stock Multiples Resistant to Rising Rates
- The Majority of Stocks Remain Sensitive to Rates
- Tech’s Heavy Influence on Index Multiples
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