Patrick Casselman
Patrick Casselman
ability affect borrowing companies consumers costs expand higher interest rates rising risk sensitive stocks
Stocks are very sensitive to the risk of interest rates rising further. Higher borrowing costs can affect the ability of companies to expand and for consumers to spend.
earnings focus good selling unit
Selling the drug unit is going to focus the company. The earnings were also better than expected. It is a good day for investors.
financial interest rates rising risk sensitive stocks
Stocks are very sensitive to the risk of interest rates rising further. Financial institutions are especially vulnerable.