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Mar 06 2013

Of Special Interest: Valuing The Stock Market - Do Interest Rates Matter?

  • Mar 6, 2013

Models based on so-called relative valuations have a poor track record in practice, having misled investors at several historic inflection points. Interest rates have virtually no impact on stock market valuations, but they may have transitory effects on stocks in the short term.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager