Stocks Face Rockier Path in 2022 as Fed Rate Increases Loom

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Stocks Face Rockier Path in 2022 as Fed Rate Increases Loom
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Many stock investors see increased threats to the pandemic-era rally as the Federal Reserve starts removing support for the economy

The double threat of an unpredictable pandemic and looming interest-rate increases is tempering investors’ optimism heading into 2022, a contrast to their vaccine- and stimulus-fueled enthusiasm of a year ago.

Investors had plenty to feel good about over the holidays. Supported by an economic rebound even stronger than most had expected, the S&P 500 climbed 27% in 2021, the third-largest gain of the past 20 years. U.S. crude surged 55% to roughly $75 a barrel. Interest rates on corporate bondsTo Read the Full Story

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