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S&P 500 Seen Dropping 10% on Fed Hikes, MRA Strategist Says

Potential Federal Reserve rate hikes starting this week could spur a correction in the S&P 500 as reduced corporate margins hurt profit outlooks and markets brace for a tightening cycle, according to Macro Risk Advisors LLC.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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