Debt ceiling drama and rate hikes could send stocks toward sell-off

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Debt ceiling drama and cracks caused by rate hikes could send the stock market lurching towards a sell-off as volatility batters investors, BlackRock says

The US debt ceiling crisis and financial cracks stemming from higher interest rates will send the stock market through another wave of volatility and a potential sell-off, BlackRock warned.on Monday, strategists pointed to growing signs of unease in financial markets as the deadline to raise the US borrowing limit ticks closer.

That means the current debt ceiling crisis could spark similar volatility in markets, strategists warned – which will add on top to the existing financial stress stemming from higher interest rates in the economy. But BlackRock isn't bearish on all stocks. In fact, it's overweight emerging market stocks, which could benefit in the short term from China's economic restart, central banks nearing the end of their policy tightening, and a weaker US dollar.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Debt-Ceiling Fight Weighs on Defense IndustryIf the U.S. defaults on its debt and is unable to pay all its bills, the pain will fall squarely on the defense industry
La source: WSJ - 🏆 98. / 63 Lire la suite »