Stocks Hold Steady Despite Rising Yields

FS Insight Team

“Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes because human nature never changes.”

- Jesse Livermore

Good evening:

Good news for bulls might be in store: Tom Lee calls for an eight-week rally after February’s pullback, buoyed by data next week that should show softer inflationary pressures and a softer jobs market. In his view, a data-dependent Jerome Powell should all but cement a 25-basis point hike for the March Federal Reserve meeting during his upcoming meetings with Congress. Combined with a market tha...
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