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John Stoltzfus, chief investment strategist at Oppenheimer, explains why “it’s the wrong time” for investors to get defensive now as he sees a more sustainable rally in small and mid-cap stocks once the Federal Reserve begins to cut rates. Sign up for the Surveillance newsletter to make sense of the markets with Lisa Abramowicz and catch the best on-air moments with her and co-hosts Tom Keene and Jonathan Ferro from Bloomberg Television’s flagship morning show. Plus, David Westin’s Wall Street Week on Saturdays. https://bloom.bg/4ebYzJg
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