Here's Why the Stock Market Has Been so Resilient Amid Fed Rate Hikes
Trillions of dollars in excess cash and a strong credit market have helped contain potential fallout in the stock market from higher interest rates.
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Trillions of dollars in excess cash and a strong credit market have helped contain potential fallout in the stock market from higher interest rates.
"We are not aware of any slowing in Google search revenues that could be attributed to the late-2022 ChatGPT launch," Bank of America said.
"We believe the systematic risk is rising with every rate hike especially after ~15 years of global zero-rate policies," JPMorgan said.
"It is safe to say that the current tightening cycle is nearing an end, which has historically been a positive for US equity performance," BMO said.
The US government currently has a debt pile of $31 trillion, and that's expected to soar by more than $20 trillion over the next 10 years, BofA said.