Go for growth?, China cuts, and Drilling & Chilling
The Exchange
00:00
The Earning Season Could Be a Rotation
The higher interest rates hurts growth stocks because they're based on the value of those future earnings, and they're not worth as much to day if interest rates go up. One of the few sectors that's up this year is the finance sector. It does make things, you know, more profitable for a lot of these institutions. So i don't think i would be afraid of them at this point. And it might actually be some good entry points, as these prices have come down pretty much so far this year.
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