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XLY - The Third Quarter Interest Rate Test
July, 12 2021 10:06 AM
SPDR Select Sector Fund - Consumer Discretionary
I provide six reasons why longer-term interest rates fell in the 2nd quarter. I explain why longer-term interest rates are set to reverse course and move higher again in the 3rd quarter. Total banking system credit provision is accelerating which points to continued economic strength and is supportive of higher rates. I am looking for renewed strength in the cyclical sectors of the stock market. For further details see:
The Third Quarter Interest Rate Test
Stock Information
Company Name:
SPDR Select Sector Fund - Consumer Discretionary
Stock Symbol:
XLY
Market:
NYSE
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