CNN Early Start With Christine Romans June 4, 2024 10:52:00
Get to measure what something historically has been worth relative to how much the company is making or the index is making. we have a rate hike situation. we knew there was going to be a shift away from easy money flowing into things like bitcoin, flowing into things that were higher risk like the stock market. the this year we still have to kind of adjust to this new head space, right, where we have higher rates for longer? >> absolutely. the fed says it's still in a hiking cycle and it probably will continue to hike. i mean, the -- what traders are doing though is trying to anticipate the f...