A cycle of Fed rate hikes has never hit equities this hard before. Here’s what’s different this time.
Anyone watching the market knows that stocks have been hammered since the Federal Reserve started in March, which turned into an aggressive series of interest rate hikes, but Deutsche Bank strategists say they might be surprised to learn that these rate hikes are probably not the culprit. The S&P 500 SPX, -0.16% has experienced a …