Good economic news is now bad news for stocks as rising interest rates take hold

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Good economic news is now bad news for stocks as rising interest rates take hold. BobPisani takes a look at how interest-rate-sensitive sectors are being impacted.

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BobPisani How did corporate America successfully operate when interest rates were much higher. Has business become addicted to and dependent on easy money. Time to go into rehab and reinvent.

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Suddenly, things are looking pretty good for stocksThere were a variety of worries about the markets as the New Year began, but sentiment has shifted in a notable way. BobPisani LMAO - suckers rally - keep selling BobPisani Until someone pulls the rug BobPisani When the stocks fell, Trump said it was because the Democrats were taking over the House. Now that the maket looks good it must because the Democrats have taken over the house. His statement is forth coming
Source: CNBC - 🏆 12. / 72 Read more »

Perspective | Yes, it was a $1 trillion wipeout in stocks — but let’s not all go crazyPerspective: Yes, it was a $1 trillion wipeout in stocks — but let’s not all go crazy Hardly a blip on the YTD Market numbers, but it's WaPo so misrepresentations are the norm. maybe it didn't have a damn thing to do with interest rates...maybe it was realization that Trumpski is going to lose his power soon and things he phucked up, tariffs and Taxes ,won't be fixed for quite awhile.🤔 no stocks where wiped out.Some people sold there stocks and social media took the biggest hit it has rebounded like it normally does.The media doesn't say when it hit records high 100 times since the president took office
Source: washingtonpost - 🏆 95. / 72 Read more »