Don't trust the stock market rally, strategist warns

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Don't trust the stock market rally, strategist warns
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There remains a significant chance that the Fed will be pushed into another rate hike, one strategist warns.

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Salman Ahmed, global head of macro and strategic asset allocation at Fidelity International, told CNBC's"Squawk Box Europe" he doesn't trust the current equity rally because fundamentals around higher-for-longer interest rates have not changed.

LONDON — Stocks are heading for a bumper week, but there are many reasons to be wary, one strategist warned on Friday.

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