I read an article that said higher interest rates will be good because it will fuel higher earnings....but I couldn't then understand why people would be selling.
Eventually the resulting numbers will have to determine whether it is good or not for the market. The market is obviously going to be mixed for a while. War, the election, interest rates, etc. So many unsure things happening...anything could happen.
Sr2 I am not an authority on anything but since nearly everyone seems to think the backdrop is a resumption of the secular bear in the not to distant future then the markets discounting mech. will have to overcome this perception.When, and if, this perception is overcome then more clarity may evolve. When this clarity evolves interest rates will be rising at a faster clip and ---- seems like one of those chase your tail exercises. Please advise when you know what's going on!