The stock market bull run is in its 'twilight', Fidelity's global macro head says Article

The stock market bull run is in its 'twilight', Fidelity's global macro head says

"If long yields keep climbing, it will leave a mark on valuations, per the discounted cash flow model (DCF), regardless of earnings. It all suggests that the secular bull market for equities is in its twilight," Jurrien Timmer said.

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