Answer to Q139
Two fathers and two sons went fishing in a boat and they all caught a fish. A total of three fishes were caught, how is that possible?
Two fathers and two sons = The grandpa, the father, and the grandchild = 3 people
The grandpa and the father (2 fathers)
The Father and the Son (2 sons)
A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.
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Yes! Voice calls are currently available to users around the world.
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