We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Morgan Stanley: The stock market is at a 'tipping point' because of higher rates, dump growth namesThe recent jump in interest rates may have created a tipping point for stocks where the decade long investment theme favoring growth over value is changing, according to Morgan Stanley.
Source: CNBC - 🏆 12. / 72 Read more »
Dimon says Fed will likely still hike rates in December despite market turmoilDespite the stock market sell-off this week, J.P. Morgan Chase CEO Jamie Dimon predicts the Federal Reserve will likely still raise interest rates in December. Big biz broke the trust... that’s unfortunate this guy has fired more people than anyone else in business Govt. was pretty important for a banking bailout too.
Source: CNBC - 🏆 12. / 72 Read more »
Jim Chanos says there's something wrong with the stock market when rates this low cause panicProminent short seller Jim Chanos is troubled by the fragility of the stock market, saying recent equity sell-offs in response to modest increases in borrowing costs isn't a healthy sign. Was hoping $CAT put him out of business. jennablan I wonder if the volatility surrounding the rate hikes have to do with the exploding national debt. I've had this theory for about a month now. jennablan What the hell else would a short-seller say?
Source: CNBC - 🏆 12. / 72 Read more »
The last time rates soared like this, the stock market plunged double-digitsInterest rates are surging in the U.S. and around the world, sending shock waves through equity markets. The last time this kind of breakout in bond yields struck, stocks tumbled more than 10 percent.
Source: CNBC - 🏆 12. / 72 Read more »
Dow drops 800 points, led by tech shares, as stock market investors fear higher ratesBREAKING: Dow closes down about 830 points as stocks plummet in biggest one-day sell-off since February. Rising interest rates and ongoing trade conflicts spook investors and 'fear is rising.' I аm girl аnd I don't havе a boyfriend 👉 👈 🌻 💌 💐
Source: USATODAY - 🏆 100. / 63 Read more »