Why high interest rates actually might be helping US consumers, strategist says
High interest rates mean that savers are seeing rates of return "like no time over the past few decades."
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High interest rates mean that savers are seeing rates of return "like no time over the past few decades."
(Bloomberg) -- With the S&P 500 Index climbing almost 7% to start 2024 after jumping 24% in 2023, you’d think the financial press would be urging caution about how much further stocks can go. But that’s not happening, as even skeptical financial publications are encouraging investors to buy in.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Takes a Breather Before Inflation Data: Markets WrapThese Are the Best Countries for Wealthy ExpatsBond Inv
Discover insights from a recent interview between Cathie Wood and Ryan Detrick about the "Magnificent Seven" stocks, with a focus on Tesla's performance and potential buying opportunities in Microsoft, Meta, and Alphabet. Learn about the market trends and considerations for investing in tech stocks.
WASHINGTON -- America's employers delivered another healthy month of hiring in February, adding a surprising 275,000 jobs and again showcasing the U.S. economy's resilience in the face of high interest rates.
WASHINGTON -- America's employers delivered another healthy month of hiring in February, adding a surprising 275,000 jobs and again showcasing the U.S. economy's resilience in the face of high interest rates.