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Rebalance Stocks, Bonds ‘A Little Bit,’ Says Julian Emanuel

Source: Bloomberg

Monetary PolicyInterest Rates & YieldsMarket Technicals & FlowsInvestor Sentiment & Positioning

The Federal Reserve raised interest rates for the first time in three years, prompting Evercore ISI strategist Julian Emanuel to advise investors to rebalance modestly from equities into fixed income. The recommendation signals that higher rates may reduce the relative appeal of stocks while improving fixed-income opportunities, creating a cautious near-term backdrop for equity allocations.

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