Black Monday

[Ricky-bobby]

https://uk.finance.yahoo.com/news/im...171929449.html head of imf talking to current world debt and rates. I can’t see them going down this year… dammit my mortgage is due in Jan!

[alokdhir]

I find it interesting that the NASDAQ seems to be more interest rate sensitive than the DOW. Yet most tech companies use equity rather than debt for finance & the big end of town are sitting on 10s of billions of cash each.

Its the multiple side of equation which is super rate sensitive ...

[Daytr]

Its the multiple side of equation which is super rate sensitive ...

I.e consumer demand, I assume you are referring to.

I still think the equation is wrong when compared to the DOW.

[alokdhir]

I.e consumer demand, I assume you are referring to.

I still think the equation is wrong when compared to the DOW.

I was referring to p/e s ...as tech have higher p/e thus when rates go up then their valuations based on current cost of funds get subdued

[bull....]

NZ takes another step towards digital cash: What you need to know

https://www.1news.co.nz/2024/04/19/n...-need-to-know/