Detailed text transcripts for TV channel - MSNBC - 20181012:14:09:00
The prospects of rising interest rates, short rates an lod long rates have jumped. so that is downward pressure on stocksing along with the ongoing trade war with china, worries about a global economic slow hedohe do -- slowdown and even housing weakness are all reasons. >> but shouldn't question being a nothi a -- shouldn't we acknowledge that one of the reasons that they raise interest rates is because they need to create a cushion? because if things do turn and face a recession, they need to have some sort of lever to help us. and with rates low, they won't have that. and one thing that cou...