The Read on Rates, and No Pause, No Problem? 2/27/23
from The Exchange Hosted by CNBC
Do rates actually matter to the stock matter anymore? One of our guests says “yes,” and that yields need to stop rising to trigger a new bull market. But our own Michael Santoli says it doesn’t quite work like that. He’ll join us to explain why, and make his case. Plus, why have markets and the economy held up so well in spite of these massive Fed hikes? David Zervos of Jefferies has a theory on that. Here’s a hint: it equals about 40% of GDP.
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This episode was published on February 27, 2023.
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