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Bitcoin Chart Hints at Possible Floor for Slide

MarketWatch

Weekend reads: Is this the end of the bull market for stocks?

The Federal Reserve is reversing course to fight inflation, but interest rates remain low, which means bond prices remain high. Meanwhile, stock valuations are high relative to earnings, in part because so much new money has flowed in during the coronavirus pandemic. As part of the In One Chart series, William Watts explains what tends to happen to the S&P 500 when interest rates rise rapidly.

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