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Goldman Sachs: Rising Rates Could Change Valuation of S&P 500 Index

Sarah Sands
Goldman Sachs: Rising Rates Could Change Valuation of S&P 500 Index

Prominent investment firm Goldman Sachs (GS) also said that the rising rates could change the valuation of the equity market (SPY) (QQQ) (DIA). Rising inflation is signaling that interest rates could rise too. The faster rate hike expectation is pushing the bond yield higher.