(Financial Review) - According to Citi’s chief global equity strategist Rob Buckland, the wild gyrations in the US stockmarket in the past few weeks reflects the stand-off between traders and investors over the impact of rising global interest rates.
“Traders think that it’s bearish that interest rates are going up, but longer-term investors are more bullish because they believe that interest rates are still going to remain low,” Buckland says.
To read more of this article:
https://www.afr.com/companies/financial-services/why-rising-rates-leave-equity-markets-more-vulnerable-to-bad-news-20220204-p59trb
Karen Maley - Columnist
Feb 14, 2022
