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With ten-year bond yields still well below 6%, Stack doesn't see the sharp rise in rates as having a dampening effect on equities.
FORBES: Magazine Article
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Stack is still a bull, despite the recent spike in bond yields.
FORBES: Contrarian Bank Bets
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Jim Stack at InvesTech is keeping his eye on housing stocks, bond yields and market breadth to gauge the impact of the Fed's move on the market in the next two weeks, though he certainly remains skeptical about a turnaround right now.
FORBES: Magazine Article