Two Opposing Market Moves, and What China’s Slowdown Means for Markets 8/21/23
CNBC's "Fast Money"
English - August 21, 2023 22:09 - 44 minutes - 40.5 MB - ★★★★ - 1.2K ratingsInvesting Business News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Interest rates continued their climb higher today, with long-term yields hitting decade-plus highs. But high growth, high multiple tech stocks, which usually struggle under rising rates, are also higher. What does it all mean? Plus China cutting its lending rate less than expected. The fears that’s sparking and how it’s impacting investment in the area.