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Rate fears are getting the blame for recent stock weakness, but other factors are at play



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Traders work on the floor of the New York Stock Exchange.NYSEAre you confused about what is going on in the markets? Traders sure are.”We all got comfortable thinking Covid was done or manageable, and it may turn out to still be a wild card,” said Peter Tchir of Academy Securities. “Nobody wants another year of lockdowns.”This week, it looked like inflation/yield worries were going to replace Covid as the primary market risk, and as a result there has been head-spinning moves in stocks as investors have tried try to assess the impact of higher rates.  Figuring …

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