These numbers put pressure on interest rates. There are worries about more increases.
More Quotes from Kilian Kertanguy:
We're seeing consolidation today. As long as there aren't any new MA deals announced, people are locking in profits.Kilian Kertanguy
As long as interest rates don't rise, that's good for utility stocks, which have a lot of debt. Their borrowing costs won't rise. This means analysts won't change their opinions and forecasts on them.
Kilian Kertanguy
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