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Utility stocks have been under pressure for the past few years as high interest rates depressed these capital intensive businesses. Yet the sector has rebounded over the past year as optimism over...
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Following the rapid rise in interest rates brought on by the Federal Reserve’s unprecedented rate hikes two years ago, utility stocks languished. Borrowing costs accelerated because utilities are...
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After the big stock selloff in July, the S&P 500 index has clawed back most of its losses. The prospects for interest rate cuts beginning in September have re-energized the market. While last...
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