Higher interest rates to act as a correction for stocks, Goodbody says | Business Post

Joe Gill, director of corporate broking with Goodbody Stockbrokers: markets ‘very choppy’. Picture: Fergal Phillips

Overvalued tech stocks and other asset classes will continue to correct in value this year as interest rates begin to increase from record lows, the head of corporate broking at Goodbody stockbrokers has warned. It comes after an incredibly volatile week for stock markets, as investors weigh up the prospect of rapid interest rate rises in the US this year following comments from Jay Powell, the chair of the Federal Reserve.

LorcanAllen QE has been criminally propping up failure for 12years now. People are now going to pay with the poorest suffering the real severity of it. Investors Running away from equities to gov? The expected inflation blamed on oil prices and covid! ecb & centralbank_ie are to blame!

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Remote-ish: How the country’s biggest employers want their staff to embrace a hybrid solution | Business PostRemote-ish: How the country’s biggest employers want their staff to embrace a hybrid solution. killianwoods reports.
Source: businessposthq - 🏆 8. / 71 Read more »

Shannon LNG terminal can go ahead if planning is granted, Varadkar says | Business PostGovernment will not block controversial fracked gas project, despite it being contrary to policy, according to Tánaiste
Source: businessposthq - 🏆 8. / 71 Read more »

AG says commodification of children is a concern in international surrogacy | Business PostPaper prepared for special Oireachtas committee challenges findings of report by Special Rapporteur on Child Protection
Source: businessposthq - 🏆 8. / 71 Read more »

Editorial: O’Halloran case illustrates the perils of doing business in China | Business PostAs China’s powerful leaders increasingly behave in a capricious and unpredictable manner, more organisations and individuals like Irish businessman Richard O’Halloran are in danger of being caught in a nightmare no-man’s land
Source: businessposthq - 🏆 8. / 71 Read more »