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"personally I think it might be a blip. Shouldn't be taken too seriously."

I like to know, or at least "think I know" what drives fairly big moves in the market.

We have had at least six such interest rate blips in the last few years, normally a day or two move then its effect is over.

Despite having sold a couple of banks this year, I am overweight financials so it was a good day for me. My biggest holding insurer LNC was up 5.47%.
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