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Afternoon Note

Hang In There

By Charles Payne, CEO & Principal Analyst
4/10/2024 1:22 PM

Major indices are holding in there to a degree, but the bond market is showing the CPI even more respect.

Interest-rate sensitive sectors are taking it on the chin the most, especially Real Estate.

I'm not sure what holds the market up into the close, so we could see some selling pressure.

The real worry would be when the buy the dips stops working.


 

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