Two Opposing Market Moves, and What China’s Slowdown Means for Markets 8/21/23 - podcast episode cover

Two Opposing Market Moves, and What China’s Slowdown Means for Markets 8/21/23

Aug 21, 202344 min
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Episode description

Interest rates continued their climb higher today, with long-term yields hitting decade-plus highs. But high growth, high multiple tech stocks, which usually struggle under rising rates, are also higher. What does it all mean? Plus China cutting its lending rate less than expected. The fears that’s sparking and how it’s impacting investment in the area.

 

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Two Opposing Market Moves, and What China’s Slowdown Means for Markets 8/21/23 | CNBC's "Fast Money" podcast - Listen or read transcript on Metacast