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Marathon's Richards Says Equities Can Absorb 25 Bps Fed Hike
Source: youtube.com
Monetary PolicyInterest Rates & YieldsEconomic DataCorporate EarningsInvestor Sentiment & Positioning
Marathon Asset Management CEO Bruce Richards said markets can withstand a 25bp Federal Reserve rate increase, citing resilient consumer conditions, healthy corporate earnings and a strong economy. The comments signal confidence that a modest additional tightening step would not materially disrupt risk assets.
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