Stocks Threatened by Looming End of Low Rates – Barron's

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Is it the beginning of the end or just the end of the beginning? With apologies to Winston Churchill, that question, as it pertains to interest rates and central banks’ policies around the globe, has become the main one of the moment for investors.

In a pronunciamento published last week on LinkedIn, Ray Dalio, head of the Bridgewater mega-hedge funds, declared that the era in which central banks drove interest rates to zero…