The euphoria of January reversed this month, with broad declines for stocks across the board as interest rates continued to rise. Bond interest rates are more attractive than they have been for decades, and investors’ increasing confidence that the Federal Reserve will prolong its rate increases to fight inflation has brought similar pressures to the stock market to those we saw last year.
Read: Fed’s Jefferson doesn’t support raising central bank’s 2% inflation target
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February 28, 2023 at 11:17PM
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The 20 worst U.S. stocks in February: the biggest loser dropped 36% - MarketWatch
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