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Joe Mac’s Market Viewpoint: DOTs & Bonds & Stocks

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In the waning weeks of summer, investors began to think about those pesky DOTs yet again. Not coincidentally, as the potential for one or more Fed rate hikes this year seems more likely, some traders have begun to curb their enthusiasm for bidding share prices even higher. Indeed, renewed concerns about the DOTs and what they may portend for the path to interest rate normalization may well be what ultimately derails this raging bull. The imminent Fed meeting update could be an important t...


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