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Yahoo Finance
With the S&P 500 at a record high, strategists warn against a valuation 'trap'
While some bears on Wall Street believe valuations for the S&P 500 are reaching stretched levels, more bullish strategist argue valuations aren't a good indicator of future returns.
Yahoo Finance
Interest rates staying 'higher for longer' means at least through 2026 for the Fed
The Fed kept rates steady on Wednesday but suggested a less friendly outlook for investors betting on the central bank starting to back off its efforts to bring inflation down.