You are here

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
Monday, July 10, 2017 - 05:50

BT_20170710_RCCOL10_2973550.jpg
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.

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom