The 'most aggressive' areas of the stock market could be set for more gains as spiking bond yields shuffle portfolios, a Wall Street chief strategist says

Business Insider
Feb 28, 2021, 8:45 am143 pts
Reuters / Lucas Jackson The reversal of a multi-year trend could have been accelerated this month as interest rates spiked higher, according to a note from Leuthold Group's James Paulsen. Investor fund flows have started to favor stocks over bonds, which hasn't happened in years. "When fund flows have shifted…

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