It's one of the fundamental principles of the stock market: When interest rates go up, stocks go down. And along with financial companies and cyclicals, technology companies - with their sky-high price-to-earnings multiples - should be among the biggest losers in an environment of rising rates.
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"It's one of the fundamental principles of the stock market: When interest rates go up, stocks go down. And along with financial companies and cyclicals, technology companies - with their sky-high price-to-earnings multiples - should be among the biggest losers in an environment of rising rates." — Alex Berenson #moneywealth #technologydigitallife
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It's one of the fundamental principles of the stock market: When interest rates go up, stocks…
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It's one of the fundamental principles of the stock market: When interest rates go up, stocks go down. And along with financial companies and cyclicals, technology companies - with their sky-high price-to-earnings multiples - should be among the biggest losers in an environment of rising rates. — Alex Berenson
About Alex Berenson
Alex Berenson was a Author from United States (1973–present).
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Who said "It's one of the fundamental principles of the stock market: When interest rates…"?
This quote is attributed to Alex Berenson, a Author from United States.
When did Alex Berenson live?
Alex Berenson lived from 1973 – present.
What is this quote about?
This quote touches on Money & Wealth, Technology & Digital Life. Browse more quotes on these themes from the categories page.