Saturday, September 16, 2023

Benefiting from Higher Rates

Rising Rates Make Big Companies Even Richer
https://www.wsj.com/economy/rising-rates-make-big-companies-even-richer-718eafce
The amount companies earn from cash in the bank is going up even as interest costs fixed during the pandemic stand still 

Higher Interest Rates Are Splitting the Economy in Two
https://www.bloomberg.com/opinion/articles/2023-08-24/jackson-hole-higher-interest-rates-divide-the-us-economy-housing-market
Big corporations and existing homeowners reap the benefits as smaller companies and prospective homebuyers are on the outside looking in. 

Range-Bound Equities

The Market Is Stuck Until the Fed Is Done
https://www.nytimes.com/2023/09/16/business/stock-market-federal-reserve-interest-rates.html
Stocks are mired in a holding pattern. The big question, our columnist says, is when will the Federal Reserve start to cut interest rates?