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Market Impact: 0.2
Why Stocks Can Rally Through A December Hike
Source: seekingalpha.com
Monetary PolicyInterest Rates & YieldsCorporate EarningsCompany FundamentalsAnalyst Insights
The author views a December Fed rate hike as highly likely but expects equities to remain resilient, citing strong economic growth and robust mega-cap earnings. S&P 500 Q3 earnings growth is running at 29.5%; the author characterizes forward P/Es for Microsoft, Meta, Amazon, and Nvidia as reasonable.
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