CNBC Squawk Alley September 9, 2016
All the major averages down about 1 . Lets get to bob on the noor. 131 declining to advance. Havent seen that in awhile but theres certain winners out there. Take a look at the sectors. This is an Interest Rate play. A couple of other people as well. Youll see withdrew tillties and telecoms. Elsewhere there are beneficiaries and im talking about big global financials and ensurers like clinton all doing well but even global banks, the yields are are up over in europe as well here so this is a global phenomenon. Of course banks would benefit from a higher Interest Rate scenario the tech names. Y...