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Closing Bell Overtime: Stocks Sink in Final Hour of Trade 2/16/23

Closing Bell

00:00

What's Driving the Risk Rally?

I think that the rally that we've seen so far this year has been very rate driven. We saw rates come down quite a bit, we saw growth rally. If it's rate dependent and we're headed higher in rates, then this bull is not necessarily a new bull market taking shape. I want to read you something from a note that's being passed around today that's getting probably not enough talk.

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