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WALL STREET INSIGHT

US stocks riding into sunset of low-interest era

Strong jobs data gives Fed more ammunition for rate hike along with winding-down of its balance sheet

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US stocks were more or less flat last week as a strong jobs report forced traders to accept that ultra-low interest rates would soon be a thing of the past.

WE are about to find out whether the bull market can outlive the low-interest-rate era and, possibly, the era of globalisation.

US stocks were more or less flat last week as a strong jobs report forced traders to accept that ultra-low interest rates would soon be a thing of the past.

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