CNNW The Lead With Jake Tapper October 11, 2018
Grown stronger and stronger, the Federal Reserve has begun raising shortterm Interest Rates to try to keep the economy from overheating and to try to keep inflation in check, so for stocks theres concern those rising rates will eat into profits. They will make borrowing more expensive and potentially slow down the economy. A glaring example already happening. Mortgage rates, levels we havent seen in several years. President trump blames the fed for the selloff saying the fed has gone loco. Some say the tax cuts that President Trump pushed through juiced corporate earnings and drove up stock pr...
Source: archive.org