Latest / Power Players with Brian Sozzi
Stocks may be spooked by rising bond yields
Investors are pushing aside the looming presidential election as a key risk to rip-roaring stock prices, and are beginning to focus on the here and now. And on that score, things are beginning to appear a little dicey. Middle East tensions are on a steep climb, putting upward pressure on oil prices among other commodities. That has some on the Street voicing concern about the prospect for renewed inflation. Recall, it has been a steady deceleration in inflation in recent months that allowed the Federal Reserve to slash interest rates by 50 basis points in September. Stocks have subsequently…
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