The U.S. stock market doesn’t deserve to fall as much as it has because of higher interest rates alone — and soon investors will begin to act on this realization. The conviction that stock prices fall when interest rates rise is so universally held that few stop to examine it.
But unexamined and untested beliefs can all too easily lead us astray. As Humphrey Neill, the father of contrarian analysis, constantly reminded his clients: “When everyone thinks alike, everyone is likely to be wrong.” The first step in a re-examination is to remind ourselves that interest rates and inflation are highly correlated. This has been true historically, as you can see from the accompanying chart.
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:
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.
Stock Market Today: Dow snaps losing streak as Treasury yield storm calmsStock Market Today: Dow snaps losing streak as Treasury yield storm calms
Source: Investingcom - 🏆 450. / 53 Read more »
Stock Market Today: Dow, S&P Slip Ahead of Job's Report; Rivian, VinFast Stocks in FocusLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »
Stock Market Today: Dow ends flat as investors on edge ahead of jobs reportStock Market Today: Dow ends flat as investors on edge ahead of jobs report
Source: Investingcom - 🏆 450. / 53 Read more »
Stock Market Today: Dow, S&P 500 Open Lower After Jobs Report Comes in HotLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »
Stock Market Today: Dow, S&P 500 Open Lower After Jobs Report Comes in HotLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »
Stock Market News Today: Dow, S&P 500 Open Lower After Jobs Report Comes in HotLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »