3 Reasons Investors Shouldn't Be Worried About Interest Rates
StockNews
Published Jun 23, 2021 11:41AM ET
Updated Jun 23, 2021 12:31PM ET
3 Reasons Investors Shouldn't Be Worried About Interest Rates
Today's article features the SPY and reveals the "3 Reasons Investors Shouldn't Be Worried About Interest Rates." Read on for details.Last week the Dow fell almost 3.5%, the worst week since January.
Value stocks and the overall reflation trade had an even worse week. In fact, regional banks fell 7.5%, the worst industry.
The Fed taking a more hawkish stance on interest rates, was the most commonly sighted reason for last week's market weakness.
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