This Chart Might Be Good for Your Stocks
Interest rates are up this month to the highest they've been in over a year. According to Bespoke Investment Group, the move in rates is the fourth-largest jump in fifty years.
Historically, interest rates and stock prices move in opposite directions. But, interest rates are coming off of historic lows.
But is this time different? Can stocks actually benefit from interest rates at these levels? Talking Numbers contributor Richard Ross, Global Technical Strategist at Auerbach Grayson and Steve Cortes, Founder of Veracruz TJM, give their analyses on Talking Numbers.
To hear Ross and Cortes weigh on what stocks you should own in these times, watch the accompanying video.